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Forex Trend Analysis Report

Prepared for you on Friday, September 24, 2021.

Danish Krone/Rwandan Franc (FOREX:DKKRWF)

Bull Market Weakness (+75) - DKKRWF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DKKRWF as it may be in the beginning stages of a reversal.

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

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

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

FOREX_DKKRWF
Open High Low DKKRWF Price Change
160.02372 160.02372 160.02372 160.02372 0.00000
Entry Signal

MarketClub’s Trade Triangles for DKKRWF

long term up The long-term trend has been UP since Sep 3rd, 2021 at 161.06925

intermediate term up The intermediate-term trend has been UP since Sep 3rd, 2021 at 159.70045

short term down The short-term trend has been DOWN since Sep 22nd, 2021 at 160.85394

Smart Scan Analysis for DKKRWF

Based on our trend formula, DKKRWF is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for DKKRWF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
160.02372 160.02372 160.02372 160.02372 0.00000
Prev. Close Volume Bid Ask Time
160.02372 2021-09-23 21:08:22
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