Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Danish Krone/Pakistani Rupee (FOREX:DKKPKR)
Bear Market Rally (-75) - DKKPKR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DKKPKR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid DKKPKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKPKR.
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 DKKPKR
The long-term trend has been DOWN since Oct 3rd, 2023 at 40.064984
The intermediate-term trend has been DOWN since Mar 27th, 2024 at 40.299577
The short-term trend has been DOWN since May 9th, 2024 at 40.043848
Smart Scan Analysis for DKKPKR
Based on our trend formula, DKKPKR is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 40.098161 | 40.284101 | 40.015153 | 40.207214 | +0.109053 |
| Prev. Close | Volume | Bid | Ask | Time |
| 40.098161 | 2024-05-09 13:43:42 |