Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, September 20, 2017.

Danish Krone/British Pound (FOREX:DKKGBP)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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.

FOREX_DKKGBP
Open High Low DKKGBP Price Change
0.119390 0.119440 0.118705 0.118745 -0.000645
Entry Signal

MarketClub’s Trade Triangles for DKKGBP

long term up The long term trend has been UP since Jun 8th, 2017 at 0.118215

intermediate term down The intermediate term trend has been DOWN since Sep 10th, 2017 at 0.122435

short term down The short term trend has been DOWN since Aug 30th, 2017 at 0.124090

Smart Scan Analysis for DKKGBP

Based on a pre-defined weighted trend formula for chart analysis, DKKGBP scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for DKKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.119390 0.119440 0.118705 0.118745 -0.000645
Prev. Close Volume Bid Ask Time
0.119390 0.118730 0.118760 2017-09-20 14:26:52
Want to analyze Danish Krone/British Pound DKKGBP or another symbol? Try our Free Forex Trend Analysis Report.