Forex Trend Analysis Report
Prepared for you on Friday, September 20, 2019.
Danish Krone/Pakistani Rupee (FOREX:DKKPKR)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.
MarketClub’s Trade Triangles for DKKPKR
The long term trend has been UP since May 16th, 2019 at 21.523
The intermediate term trend has been DOWN since Aug 2nd, 2019 at 23.584
The short term trend has been UP since Sep 13th, 2019 at 23.238
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).