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Forex Trend Analysis Report

Prepared for you on Saturday, July 2, 2022.

Malaysian Ringt/Danish Krone (FOREX:MYRDKK)

Strong Uptrend (+100) - MYRDKK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MYRDKK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
1.6139755 1.6139755 1.6117674 1.6130267 -0.0009490
Entry Signal

MarketClub’s Trade Triangles for MYRDKK

long term up The long-term trend has been UP since Aug 30th, 2021 at 1.5164562

intermediate term up The intermediate-term trend has been UP since Jun 12th, 2022 at 1.6065428

short term up The short-term trend has been UP since Jun 28th, 2022 at 1.6027465

Smart Scan Analysis for MYRDKK

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

+100
Smart Scan Analysis for MYRDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6139755 1.6139755 1.6117674 1.6130267 -0.0009490
Prev. Close Volume Bid Ask Time
1.6139755 2022-07-01 06:02:24
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