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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Danish Krone/Pakistani Rupee (FOREX:DKKPKR)

Long-Term Downtrend (-90) - DKKPKR is in a strong downtrend that is likely to continue. While DKKPKR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
38.740756 38.858962 38.712240 38.832333 +0.091577
Entry Signal

MarketClub’s Trade Triangles for DKKPKR

long term down The long-term trend has been DOWN since Nov 1st, 2024 at 40.064978

intermediate term down The intermediate-term trend has been DOWN since Nov 25th, 2024 at 38.706321

short term down The short-term trend has been DOWN since Dec 23rd, 2024 at 38.631782

Smart Scan Analysis for DKKPKR

Based on our trend formula, DKKPKR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for DKKPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
38.740756 38.858962 38.712240 38.832333 +0.091577
Prev. Close Volume Bid Ask Time
38.740756 2024-12-26 19:21:52
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