Free Daily Analysis

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.

FOREX_DKKPKR
Open High Low DKKPKR Price Change
22.310687 22.441351 22.300210 22.407459 +0.096772
Entry Signal

MarketClub’s Trade Triangles for DKKPKR

long term down The long-term trend has been DOWN since Nov 29th, 2019 at 22.854500

intermediate term down The intermediate-term trend has been DOWN since Jan 21st, 2020 at 22.933737

short term up 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).

-85
Smart Scan Analysis for DKKPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.310687 22.441351 22.300210 22.407459 +0.096772
Prev. Close Volume Bid Ask Time
22.310687 22.405832 22.409086 2020-02-21 17:13:30
Get a free daily analysis and signals for Danish Krone/Pakistani Rupee (DKKPKR) - Request Your Free Report.