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.
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 UP since Jan 12th, 2022 at 0.64315508
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).