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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Danish Krone/Philippine Peso (FOREX:DKKPHP)

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

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
7.948520 7.954804 7.938913 7.940633 -0.007887
Entry Signal

MarketClub’s Trade Triangles for DKKPHP

long term down The long-term trend has been DOWN since Aug 25th, 2021 at 7.733946

intermediate term down The intermediate-term trend has been DOWN since Oct 6th, 2021 at 7.892771

short term up The short-term trend has been UP since Oct 11th, 2021 at 7.895570

Smart Scan Analysis for DKKPHP

Based on our trend formula, DKKPHP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for DKKPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.948520 7.954804 7.938913 7.940633 -0.007887
Prev. Close Volume Bid Ask Time
7.948520 2021-10-22 12:31:43
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