Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
Danish Krone/Malaysian Ringt (FOREX:DKKMYR)
Long-Term Uptrend (+90) - DKKMYR is in a strong uptrend that is likely to continue. While DKKMYR 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 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.
MarketClub’s Trade Triangles for DKKMYR
The long-term trend has been UP since Dec 17th, 2020 at 0.66718167
The intermediate-term trend has been UP since Feb 22nd, 2021 at 0.66137308
The short-term trend has been UP since Feb 25th, 2021 at 0.66243909
Smart Scan Analysis for DKKMYR
Based on our trend formula, DKKMYR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).