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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Danish Krone/Pakistani Rupee (FOREX:DKKPKR)
Sidelines Mode (+55) - DKKPKR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Jul 17th, 2024 at 40.783023
The intermediate-term trend has been UP since Jul 17th, 2024 at 40.757970
The short-term trend has been DOWN since Jul 19th, 2024 at 40.601249
Smart Scan Analysis for DKKPKR
Based on our trend formula, DKKPKR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 40.494805 | 40.529668 | 40.437532 | 40.471066 | -0.023739 |
| Prev. Close | Volume | Bid | Ask | Time |
| 40.494805 | 2024-07-26 17:00:05 |