Forex Trend Analysis Report
Prepared for you on Wednesday, April 25, 2018.
Danish Krone/Pakistani Rupee (FOREX:DKKPKR)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for DKKPKR
The long term trend has been UP since Dec 12th, 2017 at 17.1090
The intermediate term trend has been DOWN since Apr 23rd, 2018 at 18.9605
The short term trend has been DOWN since Apr 19th, 2018 at 19.1485
Smart Scan Analysis for DKKPKR
Based on a pre-defined weighted trend formula for chart analysis, DKKPKR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).