Forex Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
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 Nov 29th, 2019 at 22.854500
The intermediate-term trend has been DOWN since Jan 21st, 2020 at 22.933737
The short-term trend has been UP since Feb 21st, 2020 at 22.417619
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).