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.
MarketClub’s Trade Triangles for DKKINR
The long-term trend has been UP since Mar 2nd, 2020 at 10.839999
The intermediate-term trend has been DOWN since Jan 11th, 2021 at 11.983069
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).