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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.

FOREX_DKKMYR
Open High Low DKKMYR Price Change
0.66201350 0.66201350 0.66065453 0.66065453 -0.00135900
Entry Signal

MarketClub’s Trade Triangles for DKKMYR

long term up The long-term trend has been UP since Dec 17th, 2020 at 0.66718167

intermediate term up The intermediate-term trend has been UP since Feb 22nd, 2021 at 0.66137308

short term up 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).

+90
Smart Scan Analysis for DKKMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.66201350 0.66201350 0.66065453 0.66065453 -0.00135900
Prev. Close Volume Bid Ask Time
0.66201350 2021-02-26 04:53:00
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