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Forex Trend Analysis Report

Prepared for you on Thursday, March 4, 2021.

Danish Krone/Russian Ruble (FOREX:DKKRUB)

Strong Downtrend (-100) - DKKRUB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid DKKRUB?

MarketClub looks at technical strength and momentum to determine if the timing is right for DKKRUB.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DKKRUB
Open High Low DKKRUB Price Change
11.986509 11.994808 11.905541 11.925077 -0.061432
Entry Signal

MarketClub’s Trade Triangles for DKKRUB

long term down The long-term trend has been DOWN since Feb 17th, 2021 at 11.935857

intermediate term down The intermediate-term trend has been DOWN since Feb 15th, 2021 at 11.991341

short term down The short-term trend has been DOWN since Mar 1st, 2021 at 12.012433

Smart Scan Analysis for DKKRUB

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

-100
Smart Scan Analysis for DKKRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.986509 11.994808 11.905541 11.925077 -0.061432
Prev. Close Volume Bid Ask Time
11.986509 2021-03-04 08:48:12
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