Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, April 19, 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.

FOREX_DKKPKR
Open High Low DKKPKR Price Change
39.850111 39.940503 39.700681 39.795204 -0.054907
Entry Signal

MarketClub’s Trade Triangles for DKKPKR

long term down The long-term trend has been DOWN since Oct 3rd, 2023 at 40.064984

intermediate term down The intermediate-term trend has been DOWN since Mar 27th, 2024 at 40.299577

short term up The short-term trend has been UP since Apr 17th, 2024 at 39.803706

Smart Scan Analysis for DKKPKR

Based on our trend formula, DKKPKR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for DKKPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
39.850111 39.940503 39.700681 39.795204 -0.054907
Prev. Close Volume Bid Ask Time
39.850111 2024-04-19 17:02:48
Get a free daily analysis and signals for Danish Krone/Pakistani Rupee (DKKPKR) - Request Your Free Report.