Forex Trend Analysis Report
Prepared for you on Sunday, November 18, 2018.
Danish Krone/Pakistani Rupee (FOREX:DKKPKR)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 Jul 17th, 2018 at 19.2775
The intermediate term trend has been DOWN since Nov 13th, 2018 at 20.0230
The short term trend has been UP since Nov 15th, 2018 at 20.4030
Smart Scan Analysis for DKKPKR
Based on a pre-defined weighted trend formula for chart analysis, DKKPKR scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).