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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Russian Ruble/Danish Krone (FOREX:RUBDKK)

Crossroads (+60) - RUBDKK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.07185203 0.07185203 0.07120561 0.07173700 -0.00011500
Entry Signal

MarketClub’s Trade Triangles for RUBDKK

long term down The long-term trend has been DOWN since Aug 13th, 2024 at 0.07429521

intermediate term up The intermediate-term trend has been UP since Dec 9th, 2024 at 0.07132566

short term up The short-term trend has been UP since Dec 16th, 2024 at 0.06909614

Smart Scan Analysis for RUBDKK

Based on our trend formula, RUBDKK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for RUBDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.07185203 0.07185203 0.07120561 0.07173700 -0.00011500
Prev. Close Volume Bid Ask Time
0.07171600 2024-12-24 21:00:04
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