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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Danish Krone/Chinese Yuan Renminbi (FOREX:DKKCNY)
Crossroads (+60) - DKKCNY 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 DKKCNY?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKCNY.
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 DKKCNY
The long-term trend has been DOWN since Oct 1st, 2024 at 1.0414570
The intermediate-term trend has been UP since Feb 14th, 2025 at 1.0238121
The short-term trend has been UP since Feb 20th, 2025 at 1.0209639
Smart Scan Analysis for DKKCNY
Based on our trend formula, DKKCNY is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0170276 | 1.0170276 | 1.0170276 | 1.0170276 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0170276 | 2025-02-22 02:59:59 |