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Forex Trend Analysis Report

Prepared for you on Wednesday, April 14, 2021.

Russian Ruble/Danish Krone (FOREX:RUBDKK)

Countertrend Down (-85) - RUBDKK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

FOREX_RUBDKK
Open High Low RUBDKK Price Change
0.08184599 0.08235670 0.08162731 0.08162863 -0.00021700
Entry Signal

MarketClub’s Trade Triangles for RUBDKK

long term down The long-term trend has been DOWN since Apr 7th, 2021 at 0.08039432

intermediate term down The intermediate-term trend has been DOWN since Mar 23rd, 2021 at 0.08285274

short term up The short-term trend has been UP since Apr 13th, 2021 at 0.08164077

Smart Scan Analysis for RUBDKK

Based on our trend formula, RUBDKK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for RUBDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08184599 0.08235670 0.08162731 0.08162863 -0.00021700
Prev. Close Volume Bid Ask Time
0.08184599 2021-04-14 19:15:24
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