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Forex Trend Analysis Report

Prepared for you on Thursday, May 28, 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.

FOREX_DKKPHP
Open High Low DKKPHP Price Change
7.499446 7.506602 7.477743 7.506602 +0.007156
Entry Signal

MarketClub’s Trade Triangles for DKKPHP

long term down The long-term trend has been DOWN since Mar 19th, 2020 at 7.304309

intermediate term up The intermediate-term trend has been UP since May 18th, 2020 at 7.426965

short term up The short-term trend has been UP since May 27th, 2020 at 7.441124

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).

+70
Smart Scan Analysis for DKKPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.499446 7.506602 7.477743 7.506602 +0.007156
Prev. Close Volume Bid Ask Time
7.499446 7.486479 7.526725 2020-05-28 11:58:26
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