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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.
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MarketClub’s Trade Triangles for MYRDKK
The long-term trend has been DOWN since Mar 4th, 2025 at 1.5845260
The intermediate-term trend has been DOWN since Jun 12th, 2025 at 1.5300202
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).
| 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 |