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Forex Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
Danish Krone/Malaysian Ringt (FOREX:DKKMYR)
Countertrend Down (-85) - DKKMYR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Aug 30th, 2021 at 0.65943239
The intermediate-term trend has been DOWN since Aug 8th, 2021 at 0.66696722
The short-term trend has been UP since Oct 14th, 2021 at 0.64867555
Smart Scan Analysis for DKKMYR
Based on our trend formula, DKKMYR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.65339463 | 0.65339463 | 0.64956837 | 0.65023130 | -0.00316300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.65339463 | 2021-10-19 23:59:14 |