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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Russian Ruble/Danish Krone (FOREX:RUBDKK)
Bear Market Rally (-75) - RUBDKK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RUBDKK as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid RUBDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for RUBDKK.
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 RUBDKK
The long-term trend has been DOWN since Aug 13th, 2024 at 0.07429521
The intermediate-term trend has been UP since Oct 22nd, 2024 at 0.07194830
The short-term trend has been DOWN since Nov 15th, 2024 at 0.07110827
Smart Scan Analysis for RUBDKK
Based on our trend formula, RUBDKK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.07029675 | 0.07029675 | 0.07008101 | 0.07008101 | -0.00021600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.07029675 | 2024-11-21 04:30:56 |