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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.

FOREX_DKKGBP
Open High Low DKKGBP Price Change
0.119065 0.119380 0.118845 0.118915 -0.000150
Entry Signal

MarketClub’s Trade Triangles for DKKGBP

long term up The long term trend has been UP since Jul 9th, 2018 at 0.119235

intermediate term down The intermediate term trend has been DOWN since Sep 10th, 2018 at 0.119580

short term down 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).

-60
Smart Scan Analysis for DKKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.119065 0.119380 0.118845 0.118915 -0.000150
Prev. Close Volume Bid Ask Time
0.119065 0.118900 0.118930 2018-09-18 21:47:56
Want to analyze Danish Krone/British Pound DKKGBP or another symbol? Try our Free Forex Trend Analysis Report.