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Forex Trend Analysis Report
Prepared for you on Monday, March 27, 2023.
Danish Krone/Chinese Yuan Renminbi (FOREX:DKKCNY)
Strong Uptrend (+100) - DKKCNY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DKKCNY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Oct 4th, 2022 at 0.9491375
The intermediate-term trend has been UP since Mar 22nd, 2023 at 0.9969162
The short-term trend has been UP since Mar 21st, 2023 at 0.9909814
Smart Scan Analysis for DKKCNY
Based on our trend formula, DKKCNY is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9939116 | 0.9986083 | 0.9939116 | 0.9986083 | +0.0046970 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.9939116 | 2023-03-27 19:29:33 |