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Forex Trend Analysis Report

Prepared for you on Tuesday, September 17, 2019.

Pakistani Rupee/Danish Krone (FOREX:PKRDKK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.

FOREX_PKRDKK
Open High Low PKRDKK Price Change
0.0435 0.0436 0.0433 0.0433 -0.0002
Entry Signal

MarketClub’s Trade Triangles for PKRDKK

long term down The long term trend has been DOWN since May 16th, 2019 at 0.04655

intermediate term up The intermediate term trend has been UP since Aug 1st, 2019 at 0.04200

short term down The short term trend has been DOWN since Sep 13th, 2019 at 0.04305

Smart Scan Analysis for PKRDKK

Based on a pre-defined weighted trend formula for chart analysis, PKRDKK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for PKRDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0435 0.0436 0.0433 0.0433 -0.0002
Prev. Close Volume Bid Ask Time
0.0435 0.0433 0.0433 2019-09-17 13:28:30
Want to analyze Pakistani Rupee/Danish Krone PKRDKK or another symbol? Try our Free Forex Trend Analysis Report.