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Forex Trend Analysis Report

Prepared for you on Tuesday, January 26, 2021.

Danish Krone/Indian Rupee (FOREX:DKKINR)

Crossroads (-60) - DKKINR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_DKKINR
Open High Low DKKINR Price Change
11.909925 11.920914 11.901948 11.920485 +0.010560
Entry Signal

MarketClub’s Trade Triangles for DKKINR

long term up The long-term trend has been UP since Mar 2nd, 2020 at 10.839999

intermediate term down The intermediate-term trend has been DOWN since Jan 11th, 2021 at 11.983069

short term down The short-term trend has been DOWN since Jan 25th, 2021 at 11.885426

Smart Scan Analysis for DKKINR

Based on our trend formula, DKKINR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for DKKINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.909925 11.920914 11.901948 11.920485 +0.010560
Prev. Close Volume Bid Ask Time
11.909925 2021-01-26 01:28:12
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