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Forex Trend Analysis Report

Prepared for you on Tuesday, February 4, 2025.

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
12.023093 12.134216 11.997254 12.123513 +0.100420
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 up The intermediate-term trend has been UP since Jan 20th, 2025 at 11.994988

short term up The short-term trend has been UP since Feb 4th, 2025 at 12.099237

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
12.023093 12.134216 11.997254 12.123513 +0.100420
Prev. Close Volume Bid Ask Time
12.023093 2025-02-04 23:10:10
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