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Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

Danish Krone/British Pound (FOREX:DKKGBP)

Weak Uptrend (+65) - DKKGBP is showing signs of weakening momentum to the upside. Monitor DKKGBP as it may be in the beginning stages of a reversal.

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
0.11575414 0.11592187 0.11484023 0.11550278 -0.00025100
Entry Signal

MarketClub’s Trade Triangles for DKKGBP

long term up The long-term trend has been UP since May 5th, 2022 at 0.11453180

intermediate term up The intermediate-term trend has been UP since Apr 25th, 2022 at 0.11342711

short term down The short-term trend has been DOWN since Jul 5th, 2022 at 0.11553482

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
0.11575414 0.11592187 0.11484023 0.11550278 -0.00025100
Prev. Close Volume Bid Ask Time
0.11575414 2022-07-05 09:38:33
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