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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Danish Krone/Malaysian Ringt (FOREX:DKKMYR)
Bear Market Rally (-75) - DKKMYR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DKKMYR as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for DKKMYR
The long-term trend has been DOWN since May 22nd, 2024 at 0.67979000
The intermediate-term trend has been DOWN since Jan 24th, 2025 at 0.61620012
The short-term trend has been DOWN since Feb 19th, 2025 at 0.62208151
Smart Scan Analysis for DKKMYR
Based on our trend formula, DKKMYR is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.62183225 | 0.62183225 | 0.61980718 | 0.61980718 | -0.00202500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.62183225 | 2025-02-21 15:25:07 |