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Forex Trend Analysis Report

Prepared for you on Sunday, April 21, 2024.

Russian Ruble/Danish Krone (FOREX:RUBDKK)

Sidelines Mode (-55) - RUBDKK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid RUBDKK?

MarketClub looks at technical strength and momentum to determine if the timing is right for RUBDKK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_RUBDKK
Open High Low RUBDKK Price Change
0.07469163 0.07521700 0.07469163 0.07521700 +0.00052500
Entry Signal

MarketClub’s Trade Triangles for RUBDKK

long term down The long-term trend has been DOWN since Feb 23rd, 2024 at 0.07286564

intermediate term down The intermediate-term trend has been DOWN since Feb 15th, 2024 at 0.07522865

short term up The short-term trend has been UP since Apr 19th, 2024 at 0.07511329

Smart Scan Analysis for RUBDKK

Based on our trend formula, RUBDKK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for RUBDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.07469163 0.07521700 0.07469163 0.07521700 +0.00052500
Prev. Close Volume Bid Ask Time
0.07469163 2024-04-19 11:46:29
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