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Forex Trend Analysis Report

Prepared for you on Wednesday, December 6, 2023.

Danish Krone/Pakistani Rupee (FOREX:DKKPKR)

Weak Downtrend (-65) - DKKPKR is showing signs of a strengthening downtrend. Monitor DKKPKR as it may be building momentum to the downside.

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
41.289798 41.293445 41.289798 41.293385 +0.003587
Entry Signal

MarketClub’s Trade Triangles for DKKPKR

long term down The long-term trend has been DOWN since Oct 3rd, 2023 at 40.064984

intermediate term down The intermediate-term trend has been DOWN since Nov 24th, 2023 at 39.155981

short term down The short-term trend has been DOWN since Dec 1st, 2023 at 41.593744

Smart Scan Analysis for DKKPKR

Based on our trend formula, DKKPKR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for DKKPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.289798 41.293445 41.289798 41.293385 +0.003587
Prev. Close Volume Bid Ask Time
41.289798 2023-12-06 00:02:28
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