Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

Russian Ruble/Danish Krone (FOREX:RUBDKK)

Countertrend Up (+85) - RUBDKK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.

FOREX_RUBDKK
Open High Low RUBDKK Price Change
0.07867981 0.07867981 0.07734871 0.07790895 -0.00077100
Entry Signal

MarketClub’s Trade Triangles for RUBDKK

long term up The long-term trend has been UP since May 24th, 2024 at 0.07692199

intermediate term up The intermediate-term trend has been UP since Apr 22nd, 2024 at 0.07522064

short term down The short-term trend has been DOWN since Jun 13th, 2024 at 0.07701041

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
0.07867981 0.07867981 0.07734871 0.07790895 -0.00077100
Prev. Close Volume Bid Ask Time
0.07867981 2024-06-14 17:00:04
Get a free daily analysis and signals for Russian Ruble/Danish Krone (RUBDKK) - Request Your Free Report.