Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Danish Krone/Philippine Peso (FOREX:DKKPHP)
Bull Market Weakness (+75) - DKKPHP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DKKPHP as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for DKKPHP
The long-term trend has been UP since May 13th, 2024 at 8.389914
The intermediate-term trend has been UP since Jul 12th, 2024 at 8.520143
The short-term trend has been DOWN since Jul 26th, 2024 at 8.485359
Smart Scan Analysis for DKKPHP
Based on our trend formula, DKKPHP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.501397 | 8.520882 | 8.447759 | 8.510350 | +0.008953 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.501397 | 2024-07-26 17:00:05 |