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Forex Trend Analysis Report

Prepared for you on Friday, March 31, 2023.

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
7.952607 7.956053 7.933125 7.941953 -0.010654
Entry Signal

MarketClub’s Trade Triangles for DKKPHP

long term down The long-term trend has been DOWN since Mar 16th, 2023 at 7.775546

intermediate term up The intermediate-term trend has been UP since Mar 22nd, 2023 at 7.967967

short term up The short-term trend has been UP since Mar 28th, 2023 at 7.903090

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
7.952607 7.956053 7.933125 7.941953 -0.010654
Prev. Close Volume Bid Ask Time
7.952607 2023-03-31 06:27:19
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