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Forex Trend Analysis Report
Prepared for you on Thursday, May 8, 2025.
Danish Krone/Malaysian Ringt (FOREX:DKKMYR)
Sidelines Mode (+55) - DKKMYR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for DKKMYR
The long-term trend has been UP since Mar 4th, 2025 at 0.63110374
The intermediate-term trend has been DOWN since May 2nd, 2025 at 0.65017834
The short-term trend has been UP since May 7th, 2025 at 0.64636141
Smart Scan Analysis for DKKMYR
Based on our trend formula, DKKMYR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.64777967 | 0.65046202 | 0.64431439 | 0.64868037 | +0.00090100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.64777967 | 2025-05-08 23:14:44 |