Forex Trend Analysis Report
Prepared for you on Friday, January 17, 2020.
Danish Krone/Pakistani Rupee (FOREX:DKKPKR)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for DKKPKR
The long term trend has been DOWN since Nov 29th, 2019 at 22.854500
The intermediate term trend has been UP since Dec 12th, 2019 at 23.178880
The short term trend has been DOWN since Jan 17th, 2020 at 23.006056
Smart Scan Analysis for DKKPKR
Based on a pre-defined weighted trend formula for chart analysis, DKKPKR scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).