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Forex Trend Analysis Report

Prepared for you on Thursday, November 30, 2023.

Danish Krone/Philippine Peso (FOREX:DKKPHP)

Sidelines Mode (+55) - DKKPHP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
8.157384 8.182692 8.097233 8.121845 -0.035539
Entry Signal

MarketClub’s Trade Triangles for DKKPHP

long term down The long-term trend has been DOWN since Sep 27th, 2023 at 8.035377

intermediate term up The intermediate-term trend has been UP since Nov 14th, 2023 at 8.127121

short term down The short-term trend has been DOWN since Nov 30th, 2023 at 8.120005

Smart Scan Analysis for DKKPHP

Based on our trend formula, DKKPHP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for DKKPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.157384 8.182692 8.097233 8.121845 -0.035539
Prev. Close Volume Bid Ask Time
8.157384 2023-11-30 20:23:21
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