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Forex Trend Analysis Report

Prepared for you on Saturday, June 22, 2024.

Danish Krone/Philippine Peso (FOREX:DKKPHP)

Countertrend Up (+85) - DKKPHP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
8.448509 8.452060 8.421555 8.432738 -0.015771
Entry Signal

MarketClub’s Trade Triangles for DKKPHP

long term up The long-term trend has been UP since May 13th, 2024 at 8.389914

intermediate term up The intermediate-term trend has been UP since Apr 24th, 2024 at 8.266122

short term up The short-term trend has been UP since Jun 18th, 2024 at 8.455348

Smart Scan Analysis for DKKPHP

Based on our trend formula, DKKPHP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for DKKPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.448509 8.452060 8.421555 8.432738 -0.015771
Prev. Close Volume Bid Ask Time
8.448509 2024-06-21 16:59:55
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