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Forex Trend Analysis Report

Prepared for you on Monday, July 7, 2025.

Malaysian Ringt/Danish Krone (FOREX:MYRDKK)

Countertrend Down (-85) - MYRDKK 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 MYRDKK?

MarketClub looks at technical strength and momentum to determine if the timing is right for MYRDKK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MYRDKK
Open High Low MYRDKK Price Change
1.5007006 1.5019127 1.4949604 1.4975673 -0.0031330
Entry Signal

MarketClub’s Trade Triangles for MYRDKK

long term down The long-term trend has been DOWN since Mar 4th, 2025 at 1.5845260

intermediate term down The intermediate-term trend has been DOWN since Jun 12th, 2025 at 1.5300202

short term up The short-term trend has been UP since Jul 6th, 2025 at 1.5016389

Smart Scan Analysis for MYRDKK

Based on our trend formula, MYRDKK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for MYRDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.5007006 1.5019127 1.4949604 1.4975673 -0.0031330
Prev. Close Volume Bid Ask Time
1.4967089 2025-07-06 22:51:25
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