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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Russian Ruble/Danish Krone (FOREX:RUBDKK)
Long-Term Uptrend (+90) - RUBDKK is in a strong uptrend that is likely to continue. While RUBDKK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since May 24th, 2024 at 0.07692199
The intermediate-term trend has been UP since Jul 25th, 2024 at 0.08042113
The short-term trend has been UP since Jul 19th, 2024 at 0.07786371
Smart Scan Analysis for RUBDKK
Based on our trend formula, RUBDKK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.08045915 | 0.08091885 | 0.07961134 | 0.07980899 | -0.00065000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.08045915 | 2024-07-26 14:00:15 |