Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Danish Krone/Malaysian Ringt (FOREX:DKKMYR)
Weak Downtrend (-65) - DKKMYR is showing signs of a strengthening downtrend. Monitor DKKMYR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid DKKMYR?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKMYR.
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 DKKMYR
The long-term trend has been UP since Nov 14th, 2023 at 0.6846701
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 0.6803142
The short-term trend has been DOWN since May 2nd, 2024 at 0.6815519
Smart Scan Analysis for DKKMYR
Based on our trend formula, DKKMYR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.6832906 | 0.6835149 | 0.6818254 | 0.6818450 | -0.0014460 |
Prev. Close | Volume | Bid | Ask | Time |
0.6832906 | 2024-05-09 05:38:06 |