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Forex Trend Analysis Report

Prepared for you on Saturday, January 22, 2022.

Danish Krone/Malaysian Ringt (FOREX:DKKMYR)

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

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.

FOREX_DKKMYR
Open High Low DKKMYR Price Change
0.63666441 0.63830922 0.63657381 0.63830922 +0.00164500
Entry Signal

MarketClub’s Trade Triangles for DKKMYR

long term down The long-term trend has been DOWN since Aug 30th, 2021 at 0.65943239

intermediate term up The intermediate-term trend has been UP since Jan 12th, 2022 at 0.64315508

short term down The short-term trend has been DOWN since Jan 17th, 2022 at 0.64156003

Smart Scan Analysis for DKKMYR

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

-65
Smart Scan Analysis for DKKMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.63666441 0.63830922 0.63657381 0.63830922 +0.00164500
Prev. Close Volume Bid Ask Time
0.63666441 2022-01-21 13:27:45
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