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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
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.
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MarketClub’s Trade Triangles for CNYDKK
The long-term trend has been DOWN since Jun 7th, 2024 at 0.9584884
The intermediate-term trend has been DOWN since Jul 3rd, 2024 at 0.9492993
The short-term trend has been UP since Jul 23rd, 2024 at 0.9439312
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).
![Smart Scan Analysis for CNYDKK](/img/sites/trend-web/images/trend-slider.png)
Open | High | Low | Price | Change |
---|---|---|---|---|
0.9483657 | 0.9490786 | 0.9471781 | 0.9480167 | -0.0003490 |
Prev. Close | Volume | Bid | Ask | Time |
0.9483657 | 2024-07-26 20:18:49 |