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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.

FOREX_DKKPKR
Open High Low DKKPKR Price Change
24.414411 24.468368 24.373135 24.400433 -0.013978
Entry Signal

MarketClub’s Trade Triangles for DKKPKR

long term down The long-term trend has been DOWN since Mar 1st, 2021 at 25.589501

intermediate term down The intermediate-term trend has been DOWN since Jan 11th, 2021 at 26.148254

short term up 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).

-85
Smart Scan Analysis for DKKPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.414411 24.468368 24.373135 24.400433 -0.013978
Prev. Close Volume Bid Ask Time
24.414411 2021-04-12 09:03:00
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