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Forex Trend Analysis Report

Prepared for you on Wednesday, July 16, 2025.

Malaysian Ringt/Danish Krone (FOREX:MYRDKK)

Weak Downtrend (-65) - MYRDKK is showing signs of a strengthening downtrend. Monitor MYRDKK as it may be building momentum to the downside.

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
1.5110609 1.5127780 1.5095154 1.5118545 +0.0007940
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 13th, 2025 at 1.5027601

Smart Scan Analysis for MYRDKK

Based on our trend formula, MYRDKK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for MYRDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.5110609 1.5127780 1.5095154 1.5118545 +0.0007940
Prev. Close Volume Bid Ask Time
1.5110609 2025-07-16 20:26:30
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