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.
MarketClub’s Trade Triangles for GBPDKK
The long term trend has been UP since Mar 22nd, 2018 at 8.566550
The intermediate term trend has been UP since Mar 19th, 2018 at 8.489730
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).