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.
MarketClub’s Trade Triangles for DKKPKR
The long-term trend has been UP since Jan 5th, 2021 at 26.566027
The intermediate-term trend has been DOWN since Jan 11th, 2021 at 26.148254
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).