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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.

FOREX_DKKGBP
Open High Low DKKGBP Price Change
0.12022600 0.12097750 0.11998897 0.12061300 +0.00038700
Entry Signal

MarketClub’s Trade Triangles for DKKGBP

long term down The long-term trend has been DOWN since Nov 11th, 2020 at 0.11913557

intermediate term down The intermediate-term trend has been DOWN since Oct 29th, 2020 at 0.12100800

short term up 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).

-65
Smart Scan Analysis for DKKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12022600 0.12097750 0.11998897 0.12061300 +0.00038700
Prev. Close Volume Bid Ask Time
0.12022600 2020-12-01 13:36:49
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