Forex Trend Analysis Report
Prepared for you on Tuesday, December 1, 2020.
Danish Krone/Philippine Peso (FOREX:DKKPHP)
Bull Market Weakness (+75) - DKKPHP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DKKPHP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DKKPHP?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKPHP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DKKPHP
The long-term trend has been DOWN since Nov 2nd, 2020 at 7.560379
The intermediate-term trend has been UP since Nov 17th, 2020 at 7.705127
The short-term trend has been UP since Nov 17th, 2020 at 7.696518
Smart Scan Analysis for DKKPHP
Based on our trend formula, DKKPHP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).