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Forex Trend Analysis Report

Prepared for you on Monday, October 7, 2024.

Danish Krone/Pakistani Rupee (FOREX:DKKPKR)

Weak Downtrend (-65) - DKKPKR is showing signs of a strengthening downtrend. Monitor DKKPKR as it may be building momentum to the downside.

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
41.047883 41.072058 40.825781 40.849818 -0.198065
Entry Signal

MarketClub’s Trade Triangles for DKKPKR

long term up The long-term trend has been UP since Jul 17th, 2024 at 40.783023

intermediate term down The intermediate-term trend has been DOWN since Oct 2nd, 2024 at 41.048690

short term down The short-term trend has been DOWN since Sep 27th, 2024 at 41.396929

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
41.047883 41.072058 40.825781 40.849818 -0.198065
Prev. Close Volume Bid Ask Time
41.047883 2024-10-07 11:07:18
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