Forex Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
Danish Krone/Pakistani Rupee (FOREX:DKKPKR)
Countertrend Down (-85) - DKKPKR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
MarketClub’s Trade Triangles for DKKPKR
The long-term trend has been DOWN since Mar 1st, 2021 at 25.589501
The intermediate-term trend has been DOWN since Jan 11th, 2021 at 26.148254
The short-term trend has been UP since Apr 7th, 2021 at 24.479482
Smart Scan Analysis for DKKPKR
Based on our trend formula, DKKPKR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).