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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 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 UP since Apr 21st, 2025 at 1.1259624
The intermediate-term trend has been DOWN since May 12th, 2025 at 1.0845943
The short-term trend has been DOWN since May 28th, 2025 at 1.0918683
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 |
|---|---|---|---|---|
| 1.0957960 | 1.0977086 | 1.0930146 | 1.0959444 | +0.0001480 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0957960 | 2025-05-30 21:51:17 |