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Forex Trend Analysis Report

Prepared for you on Tuesday, February 19, 2019.

Danish Krone/Pakistani Rupee (FOREX:DKKPKR)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_DKKPKR
Open High Low DKKPKR Price Change
21.1880 21.2885 21.0175 21.2710 +0.0830
Entry Signal

MarketClub’s Trade Triangles for DKKPKR

long term down The long term trend has been DOWN since Jan 15th, 2019 at 18.8595

intermediate term down The intermediate term trend has been DOWN since Jan 15th, 2019 at 21.0625

short term up The short term trend has been UP since Feb 19th, 2019 at 21.2100

Smart Scan Analysis for DKKPKR

Based on a pre-defined weighted trend formula for chart analysis, DKKPKR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for DKKPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.1880 21.2885 21.0175 21.2710 +0.0830
Prev. Close Volume Bid Ask Time
21.1880 21.2670 21.2750 2019-02-19 14:45:46
Want to analyze Danish Krone/Pakistani Rupee DKKPKR or another symbol? Try our Free Forex Trend Analysis Report.