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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 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.

FOREX_DKKPKR
Open High Low DKKPKR Price Change
39.316298 39.329030 39.219405 39.255127 -0.061171
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 up The intermediate-term trend has been UP since Nov 5th, 2024 at 40.749141

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 39.152932

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).

-55
Smart Scan Analysis for DKKPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
39.316298 39.329030 39.219405 39.255127 -0.061171
Prev. Close Volume Bid Ask Time
39.316298 2024-11-20 03:27:17
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