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Forex Trend Analysis Report

Prepared for you on Thursday, January 2, 2025.

Danish Krone/Indian Rupee (FOREX:DKKINR)

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

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
11.921281 11.927695 11.818463 11.819749 -0.101532
Entry Signal

MarketClub’s Trade Triangles for DKKINR

long term down The long-term trend has been DOWN since Nov 6th, 2024 at 12.093141

intermediate term down The intermediate-term trend has been DOWN since Dec 27th, 2024 at 11.778633

short term down The short-term trend has been DOWN since Dec 27th, 2024 at 11.853477

Smart Scan Analysis for DKKINR

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

-100
Smart Scan Analysis for DKKINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.921281 11.927695 11.818463 11.819749 -0.101532
Prev. Close Volume Bid Ask Time
11.921281 2025-01-02 11:05:14
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