The movement's offshoot Legida will hold a similar demonstration in the city of Leipzig. According to the LVZ-Online web portal, the march, set to begin at 16:30 GMT, is expected to face counter-demonstrations for tolerance, organized by NoLegida and "Leipzig nimmt Platz" (Leipzig Takes Place) groups.
Last Monday's Pegida march brought together some 6,000 people in Dresden.
Pegida is often accused of xenophobic and Islamophobic sentiments. The group's leaders, however, deny having a far-right ideology and claim to only seek stricter immigration rules in Germany, particularly for Muslims.
The movement's influence spread outside Germany in late February, with protests held in Austria's Vienna and the United Kingdom's Newcastle.