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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Danish Krone/Chinese Yuan Renminbi (FOREX:DKKCNY)
Weak Uptrend (+65) - DKKCNY is showing signs of weakening momentum to the upside. Monitor DKKCNY as it may be in the beginning stages of a reversal.
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 Jun 7th, 2024 at 1.0433112
The intermediate-term trend has been UP since Jul 3rd, 2024 at 1.0534086
The short-term trend has been DOWN since Jul 23rd, 2024 at 1.0593992
Smart Scan Analysis for DKKCNY
Based on our trend formula, DKKCNY is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
![Smart Scan Analysis for DKKCNY](/img/sites/trend-web/images/trend-slider.png)
Open | High | Low | Price | Change |
---|---|---|---|---|
1.0544456 | 1.0557457 | 1.0536252 | 1.0548338 | +0.0003880 |
Prev. Close | Volume | Bid | Ask | Time |
1.0544456 | 2024-07-26 20:41:37 |