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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Russian Ruble/Danish Krone (FOREX:RUBDKK)

Weak Downtrend (-65) - RUBDKK is showing signs of a strengthening downtrend. Monitor RUBDKK as it may be building momentum to the downside.

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
0.07021501 0.07031732 0.07021501 0.07031732 +0.00010200
Entry Signal

MarketClub’s Trade Triangles for RUBDKK

long term down The long-term trend has been DOWN since Aug 13th, 2024 at 0.07429521

intermediate term up The intermediate-term trend has been UP since Oct 22nd, 2024 at 0.07194830

short term down The short-term trend has been DOWN since Nov 15th, 2024 at 0.07110827

Smart Scan Analysis for RUBDKK

Based on our trend formula, RUBDKK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for RUBDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.07021501 0.07031732 0.07021501 0.07031732 +0.00010200
Prev. Close Volume Bid Ask Time
0.07021501 2024-11-20 03:14:23
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