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Forex Trend Analysis Report

Prepared for you on Wednesday, December 4, 2024.

Danish Krone/Philippine Peso (FOREX:DKKPHP)

Weak Downtrend (-65) - DKKPHP is showing signs of a strengthening downtrend. Monitor DKKPHP as it may be building momentum to the downside.

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
8.227458 8.234846 8.185913 8.208984 -0.018474
Entry Signal

MarketClub’s Trade Triangles for DKKPHP

long term up The long-term trend has been UP since Nov 1st, 2024 at 8.530242

intermediate term down The intermediate-term trend has been DOWN since Nov 7th, 2024 at 8.346300

short term down The short-term trend has been DOWN since Dec 2nd, 2024 at 8.277639

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
8.227458 8.234846 8.185913 8.208984 -0.018474
Prev. Close Volume Bid Ask Time
8.227458 2024-12-04 14:24:51
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