Forex Trend Analysis Report

Prepared for you on Monday, November 30, 2020.

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.

Open	High	Low	CNYDKK Price	Change
0.9493977	0.9494531	0.9423498	0.9481983	-0.0011990
Entry Signal

MarketClub’s Trade Triangles for CNYDKK

The long-term trend has been UP since Oct 15th, 2020 at 0.9445778

The intermediate-term trend has been DOWN since Nov 30th, 2020 at 0.9445908

The short-term trend has been DOWN since Nov 23rd, 2020 at 0.9527665

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

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.9493977	0.9494531	0.9423498	0.9481983	-0.0011990
Prev. Close	Volume	Bid	Ask	Time
0.9493977				2020-11-30 18:08:46

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