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Forex Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

Danish Krone/Pakistani Rupee (FOREX:DKKPKR)

Weak Uptrend (+65) - DKKPKR is showing signs of weakening momentum to the upside. Monitor DKKPKR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid DKKPKR?

MarketClub looks at technical strength and momentum to determine if the timing is right for DKKPKR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DKKPKR
Open High Low DKKPKR Price Change
29.317032 29.409678 29.138682 29.370553 +0.053521
Entry Signal

MarketClub’s Trade Triangles for DKKPKR

long term up The long-term trend has been UP since Mar 29th, 2022 at 27.318437

intermediate term up The intermediate-term trend has been UP since Jul 19th, 2022 at 29.728538

short term down The short-term trend has been DOWN since Aug 10th, 2022 at 30.680867

Smart Scan Analysis for DKKPKR

Based on our trend formula, DKKPKR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for DKKPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.317032 29.409678 29.138682 29.370553 +0.053521
Prev. Close Volume Bid Ask Time
29.317032 2022-08-18 22:41:25
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