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Forex Trend Analysis Report

Prepared for you on Thursday, April 15, 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
12.121295 12.134764 12.037681 12.046317 -0.074978
Entry Signal

MarketClub’s Trade Triangles for DKKINR

long term down The long-term trend has been DOWN since Mar 4th, 2021 at 11.720609

intermediate term up The intermediate-term trend has been UP since Apr 6th, 2021 at 11.721853

short term up The short-term trend has been UP since Mar 30th, 2021 at 11.582028

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
12.121295 12.134764 12.037681 12.046317 -0.074978
Prev. Close Volume Bid Ask Time
12.121295 2021-04-15 11:17:24
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