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Forex Trend Analysis Report

Prepared for you on Saturday, April 21, 2018.

British Pound/Danish Krone (FOREX:GBPDKK)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_GBPDKK
Open High Low GBPDKK Price Change
8.4879 8.4879 8.4879 8.4879 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPDKK

long term up The long term trend has been UP since Mar 22nd, 2018 at 8.566550

intermediate term up The intermediate term trend has been UP since Mar 19th, 2018 at 8.489730

short term down The short term trend has been DOWN since Apr 18th, 2018 at 8.590275

Smart Scan Analysis for GBPDKK

Based on a pre-defined weighted trend formula for chart analysis, GBPDKK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for GBPDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.4879 8.4879 8.4879 8.4879 0.0000
Prev. Close Volume Bid Ask Time
8.4879 8.4854 8.4904 2018-04-21 08:05:47
Want to analyze British Pound/Danish Krone GBPDKK or another symbol? Try our Free Forex Trend Analysis Report.