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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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.
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MarketClub’s Trade Triangles for DKKPHP
The long-term trend has been UP since Nov 1st, 2024 at 8.530242
The intermediate-term trend has been DOWN since Nov 7th, 2024 at 8.346300
The short-term trend has been UP since Nov 19th, 2024 at 8.343869
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.362633 | 8.365277 | 8.353280 | 8.361347 | -0.001286 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.362633 | 2024-11-20 03:43:37 |