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Forex Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
Danish Krone/Philippine Peso (FOREX:DKKPHP)
Bear Market Rally (-75) - DKKPHP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DKKPHP as it may be in the beginning 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.
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MarketClub’s Trade Triangles for DKKPHP
The long-term trend has been DOWN since Aug 25th, 2021 at 7.733946
The intermediate-term trend has been DOWN since Oct 6th, 2021 at 7.892771
The short-term trend has been DOWN since Dec 6th, 2021 at 7.642804
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.636967 | 7.668913 | 7.621601 | 7.663844 | +0.026877 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.636967 | 2021-12-08 18:02:39 |