Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
Danish Krone/Malaysian Ringt (FOREX:DKKMYR)
Bull Market Weakness (+75) - DKKMYR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DKKMYR as it may be in the beginning stages 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 UP since Mar 4th, 2025 at 0.63110374
The intermediate-term trend has been DOWN since May 2nd, 2025 at 0.65017834
The short-term trend has been UP since May 29th, 2025 at 0.64554404
Smart Scan Analysis for DKKMYR
Based on our trend formula, DKKMYR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.64540472 | 0.64697073 | 0.64518431 | 0.64650538 | +0.00110100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.64540472 | 2025-05-30 05:42:53 |