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Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Danish Krone/Pakistani Rupee (FOREX:DKKPKR)
Countertrend Down (-85) - DKKPKR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
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MarketClub’s Trade Triangles for DKKPKR
The long-term trend has been DOWN since Oct 3rd, 2023 at 40.064984
The intermediate-term trend has been DOWN since Mar 27th, 2024 at 40.299577
The short-term trend has been UP since Apr 17th, 2024 at 39.803706
Smart Scan Analysis for DKKPKR
Based on our trend formula, DKKPKR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 39.728501 | 39.770169 | 39.695974 | 39.698131 | -0.030370 |
| Prev. Close | Volume | Bid | Ask | Time |
| 39.728501 | 2024-04-18 06:04:04 |