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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Danish Krone/British Pound (FOREX:DKKGBP)

Weak Downtrend (-65) - DKKGBP is showing signs of a strengthening downtrend. Monitor DKKGBP as it may be building momentum to the downside.

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.

FOREX_DKKGBP
Open High Low DKKGBP Price Change
0.1111494 0.1115895 0.1110910 0.1114865 +0.0003370
Entry Signal

MarketClub’s Trade Triangles for DKKGBP

long term down The long-term trend has been DOWN since Jan 23rd, 2024 at 0.11465326

intermediate term down The intermediate-term trend has been DOWN since Nov 8th, 2024 at 0.11122234

short term up The short-term trend has been UP since Dec 20th, 2024 at 0.11134742

Smart Scan Analysis for DKKGBP

Based on our trend formula, DKKGBP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for DKKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1111494 0.1115895 0.1110910 0.1114865 +0.0003370
Prev. Close Volume Bid Ask Time
0.1111494 2024-12-26 15:51:29
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