Forex Trend Analysis Report
Prepared for you on Saturday, June 23, 2018.
Danish Krone/Pakistani Rupee (FOREX:DKKPKR)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 DOWN since May 25th, 2018 at 18.0840
The intermediate term trend has been UP since Jun 12th, 2018 at 18.4105
The short term trend has been UP since Jun 18th, 2018 at 18.8285
Smart Scan Analysis for DKKPKR
Based on a pre-defined weighted trend formula for chart analysis, DKKPKR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).