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Forex Trend Analysis Report
Prepared for you on Wednesday, March 12, 2025.
Danish Krone/Chinese Yuan Renminbi (FOREX:DKKCNY)
Long-Term Uptrend (+90) - DKKCNY is in a strong uptrend that is likely to continue. While DKKCNY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid DKKCNY?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKCNY.
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 DKKCNY
The long-term trend has been UP since Feb 26th, 2025 at 1.0417815
The intermediate-term trend has been UP since Feb 14th, 2025 at 1.0238121
The short-term trend has been UP since Mar 3rd, 2025 at 1.0208487
Smart Scan Analysis for DKKCNY
Based on our trend formula, DKKCNY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0607198 | 1.0612951 | 1.0606966 | 1.0612951 | +0.0005750 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0607198 | 2025-03-12 00:34:52 |