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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
Malaysian Ringt/Danish Krone (FOREX:MYRDKK)
Bear Market Rally (-75) - MYRDKK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MYRDKK as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid MYRDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for MYRDKK.
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 MYRDKK
The long-term trend has been DOWN since Mar 4th, 2025 at 1.584526
The intermediate-term trend has been UP since May 2nd, 2025 at 1.538040
The short-term trend has been DOWN since May 29th, 2025 at 1.548997
Smart Scan Analysis for MYRDKK
Based on our trend formula, MYRDKK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.5494159 | 1.5499452 | 1.5456655 | 1.5467781 | -0.0026380 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.5494159 | 2025-05-30 05:42:53 |