Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Danish Krone/British Pound (FOREX:DKKGBP)
Countertrend Down (-85) - DKKGBP 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 DKKGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DKKGBP
The long-term trend has been DOWN since Jan 23rd, 2024 at 0.11465326
The intermediate-term trend has been DOWN since Mar 10th, 2024 at 0.11409143
The short-term trend has been UP since Mar 12th, 2024 at 0.11467496
Smart Scan Analysis for DKKGBP
Based on our trend formula, DKKGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.11461600 | 0.11473811 | 0.11453573 | 0.11458100 | -0.00003500 |
Prev. Close | Volume | Bid | Ask | Time |
0.11461600 | 2024-03-19 09:16:52 |