Forex Trend Analysis Report
Prepared for you on Tuesday, December 1, 2020.
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.
MarketClub’s Trade Triangles for DKKGBP
The long-term trend has been DOWN since Nov 11th, 2020 at 0.11913557
The intermediate-term trend has been DOWN since Oct 29th, 2020 at 0.12100800
The short-term trend has been UP since Nov 25th, 2020 at 0.11986979
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).