Forex Trend Analysis Report
Prepared for you on Tuesday, September 18, 2018.
Danish Krone/British Pound (FOREX:DKKGBP)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
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.
MarketClub’s Trade Triangles for DKKGBP
The long term trend has been UP since Jul 9th, 2018 at 0.119235
The intermediate term trend has been DOWN since Sep 10th, 2018 at 0.119580
The short term trend has been DOWN since Sep 7th, 2018 at 0.120170
Smart Scan Analysis for DKKGBP
Based on a pre-defined weighted trend formula for chart analysis, DKKGBP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).