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Forex Trend Analysis Report

Prepared for you on Wednesday, December 1, 2021.

Danish Krone/Indian Rupee (FOREX:DKKINR)

Weak Downtrend (-65) - DKKINR is showing signs of a strengthening downtrend. Monitor DKKINR as it may be building momentum to the downside.

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
11.405698 11.460332 11.394711 11.422652 +0.016954
Entry Signal

MarketClub’s Trade Triangles for DKKINR

long term down The long-term trend has been DOWN since Aug 5th, 2021 at 11.764813

intermediate term down The intermediate-term trend has been DOWN since Nov 2nd, 2021 at 11.625731

short term up The short-term trend has been UP since Nov 26th, 2021 at 11.295233

Smart Scan Analysis for DKKINR

Based on our trend formula, DKKINR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for DKKINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.405698 11.460332 11.394711 11.422652 +0.016954
Prev. Close Volume Bid Ask Time
11.405698 2021-12-01 23:56:56
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