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Forex Trend Analysis Report

Prepared for you on Thursday, January 21, 2021.

Danish Krone/Pakistani Rupee (FOREX:DKKPKR)

Sidelines Mode (+55) - DKKPKR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
26.171321 26.173241 26.167694 26.169614 -0.001707
Entry Signal

MarketClub’s Trade Triangles for DKKPKR

long term up The long-term trend has been UP since Jan 5th, 2021 at 26.566027

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 Jan 19th, 2021 at 26.209021

Smart Scan Analysis for DKKPKR

Based on our trend formula, DKKPKR is rated as a +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
26.171321 26.173241 26.167694 26.169614 -0.001707
Prev. Close Volume Bid Ask Time
26.171321 2021-01-21 00:09:27
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