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Forex Trend Analysis Report

Prepared for you on Thursday, June 8, 2023.

Russian Ruble/Danish Krone (FOREX:RUBDKK)

Strong Downtrend (-100) - RUBDKK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RUBDKK continues to fall. Traders should use caution and set stops.

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
0.08471799 0.08528877 0.08373961 0.08373961 -0.00097800
Entry Signal

MarketClub’s Trade Triangles for RUBDKK

long term down The long-term trend has been DOWN since Feb 9th, 2023 at 0.09471257

intermediate term down The intermediate-term trend has been DOWN since Jun 8th, 2023 at 0.08474316

short term down The short-term trend has been DOWN since May 30th, 2023 at 0.08585992

Smart Scan Analysis for RUBDKK

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

-100
Smart Scan Analysis for RUBDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08471799 0.08528877 0.08373961 0.08373961 -0.00097800
Prev. Close Volume Bid Ask Time
0.08471799 2023-06-08 10:14:16
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