Forex Trend Analysis Report
Prepared for you on Monday, March 30, 2020.
Danish Krone/Malaysian Ringt (FOREX:DKKMYR)
Long-Term Uptrend (+90) - DKKMYR is in a strong uptrend that is likely to continue. While DKKMYR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for DKKMYR
The long-term trend has been UP since Feb 18th, 2020 at 0.62346823
The intermediate-term trend has been UP since Feb 2nd, 2020 at 0.60822630
The short-term trend has been UP since Mar 27th, 2020 at 0.64618195
Smart Scan Analysis for DKKMYR
Based on our trend formula, DKKMYR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).