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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Danish Krone/Malaysian Ringt (FOREX:DKKMYR)

Bull Market Weakness (+75) - DKKMYR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DKKMYR as it may be in the beginning stages of a reversal.

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.

FOREX_DKKMYR
Open High Low DKKMYR Price Change
0.6893832 0.6897627 0.6881965 0.6881965 -0.0011870
Entry Signal

MarketClub’s Trade Triangles for DKKMYR

long term up The long-term trend has been UP since Nov 14th, 2023 at 0.6846701

intermediate term up The intermediate-term trend has been UP since Mar 15th, 2024 at 0.6967764

short term up The short-term trend has been UP since Mar 13th, 2024 at 0.6880791

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).

+70
Smart Scan Analysis for DKKMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6893832 0.6897627 0.6881965 0.6881965 -0.0011870
Prev. Close Volume Bid Ask Time
0.6893832 2024-03-19 04:46:10
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