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Forex Trend Analysis Report

Prepared for you on Tuesday, May 21, 2024.

Danish Krone/Pakistani Rupee (FOREX:DKKPKR)

Bull Market Weakness (+75) - DKKPKR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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
40.526221 40.594499 40.455828 40.529451 +0.003230
Entry Signal

MarketClub’s Trade Triangles for DKKPKR

long term down The long-term trend has been DOWN since Oct 3rd, 2023 at 40.064984

intermediate term up The intermediate-term trend has been UP since May 14th, 2024 at 40.312794

short term up The short-term trend has been UP since May 13th, 2024 at 40.284101

Smart Scan Analysis for DKKPKR

Based on our trend formula, DKKPKR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for DKKPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
40.526221 40.594499 40.455828 40.529451 +0.003230
Prev. Close Volume Bid Ask Time
40.526221 2024-05-21 16:19:53
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