Forex Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
Russian Ruble/Danish Krone (FOREX:RUBDKK)
Long-Term Uptrend (+90) - RUBDKK is in a strong uptrend that is likely to continue. While RUBDKK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for RUBDKK
The long-term trend has been UP since Jun 17th, 2021 at 0.08595813
The intermediate-term trend has been UP since Sep 13th, 2021 at 0.08646110
The short-term trend has been UP since Oct 22nd, 2021 at 0.09032140
Smart Scan Analysis for RUBDKK
Based on our trend formula, RUBDKK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).