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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Chinese Yuan Renminbi/Danish Krone (FOREX:CNYDKK)

Weak Downtrend (-65) - CNYDKK is showing signs of a strengthening downtrend. Monitor CNYDKK as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CNYDKK?

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

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

FOREX_CNYDKK
Open High Low CNYDKK Price Change
0.9199042 0.9201630 0.9199001 0.9201630 +0.0002590
Entry Signal

MarketClub’s Trade Triangles for CNYDKK

long term down The long-term trend has been DOWN since Apr 21st, 2025 at 0.8880159

intermediate term down The intermediate-term trend has been DOWN since Apr 20th, 2025 at 0.8901374

short term up The short-term trend has been UP since Apr 30th, 2025 at 0.9042782

Smart Scan Analysis for CNYDKK

Based on our trend formula, CNYDKK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for CNYDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9199042 0.9201630 0.9199001 0.9201630 +0.0002590
Prev. Close Volume Bid Ask Time
0.9199042 2025-05-09 00:03:44
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