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Forex Trend Analysis Report

Prepared for you on Monday, June 1, 2020.

Danish Krone/Malaysian Ringt (FOREX:DKKMYR)

Strong Uptrend (+100) - DKKMYR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DKKMYR 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 DKKMYR?

MarketClub looks at technical strength and momentum to determine if the timing is right for DKKMYR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DKKMYR
Open High Low DKKMYR Price Change
0.64572022 0.64838511 0.64291565 0.64396484 -0.00175500
Entry Signal

MarketClub’s Trade Triangles for DKKMYR

long term up The long-term trend has been UP since Feb 18th, 2020 at 0.62346823

intermediate term up The intermediate-term trend has been UP since May 18th, 2020 at 0.63802925

short term up The short-term trend has been UP since May 26th, 2020 at 0.63988859

Smart Scan Analysis for DKKMYR

Based on our trend formula, DKKMYR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for DKKMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.64572022 0.64838511 0.64291565 0.64396484 -0.00175500
Prev. Close Volume Bid Ask Time
0.64572022 0.64359170 0.64433798 2020-06-01 13:32:43
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