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Forex Trend Analysis Report
Prepared for you on Monday, December 2, 2024.
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.
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MarketClub’s Trade Triangles for DKKINR
The long-term trend has been DOWN since Nov 6th, 2024 at 12.093141
The intermediate-term trend has been DOWN since Nov 5th, 2024 at 12.131886
The short-term trend has been DOWN since Dec 2nd, 2024 at 11.928279
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.948945 | 11.973263 | 11.885182 | 11.927751 | -0.021194 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.948945 | 2024-12-02 19:06:32 |