Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
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.
MarketClub’s Trade Triangles for DKKPHP
The long-term trend has been UP since Dec 2nd, 2020 at 7.815272
The intermediate-term trend has been UP since Feb 16th, 2021 at 7.868719
The short-term trend has been DOWN since Feb 26th, 2021 at 7.931454
Smart Scan Analysis for DKKPHP
Based on our trend formula, DKKPHP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).