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.
MarketClub’s Trade Triangles for RUBDKK
The long-term trend has been DOWN since Feb 9th, 2023 at 0.09471257
The intermediate-term trend has been DOWN since Jun 8th, 2023 at 0.08474316
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).