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Forex Trend Analysis Report

Prepared for you on Friday, May 30, 2025.

Chinese Yuan Renminbi/Danish Krone (FOREX:CNYDKK)

Crossroads (-60) - CNYDKK 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 CNYDKK?

MarketClub looks at technical strength and momentum to determine if the timing is right for CNYDKK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CNYDKK
Open High Low CNYDKK Price Change
0.9125786 0.9149008 0.9109886 0.9124551 -0.0001240
Entry Signal

MarketClub’s Trade Triangles for CNYDKK

long term down The long-term trend has been DOWN since Apr 21st, 2025 at 0.8880159

intermediate term up The intermediate-term trend has been UP since May 12th, 2025 at 0.9220038

short term up The short-term trend has been UP since May 28th, 2025 at 0.9158614

Smart Scan Analysis for CNYDKK

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

-60
Smart Scan Analysis for CNYDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9125786 0.9149008 0.9109886 0.9124551 -0.0001240
Prev. Close Volume Bid Ask Time
0.9125786 2025-05-30 20:55:38
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