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.
MarketClub’s Trade Triangles for DKKPHP
The long-term trend has been DOWN since Aug 25th, 2021 at 7.733946
The intermediate-term trend has been DOWN since Oct 6th, 2021 at 7.892771
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).