Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Danish Krone/Philippine Peso (FOREX:DKKPHP)

Crossroads (+60) - DKKPHP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid DKKPHP?

MarketClub looks at technical strength and momentum to determine if the timing is right for DKKPHP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DKKPHP
Open High Low DKKPHP Price Change
8.316948 8.317109 8.305376 8.313649 -0.003299
Entry Signal

MarketClub’s Trade Triangles for DKKPHP

long term down The long-term trend has been DOWN since Mar 8th, 2024 at 7.981665

intermediate term up The intermediate-term trend has been UP since Apr 24th, 2024 at 8.266122

short term up The short-term trend has been UP since Apr 16th, 2024 at 8.142955

Smart Scan Analysis for DKKPHP

Based on our trend formula, DKKPHP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for DKKPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.316948 8.317109 8.305376 8.313649 -0.003299
Prev. Close Volume Bid Ask Time
8.316948 2024-04-26 00:04:08
Get a free daily analysis and signals for Danish Krone/Philippine Peso (DKKPHP) - Request Your Free Report.