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Forex Trend Analysis Report

Prepared for you on Monday, March 20, 2023.

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
0.11772878 0.11778350 0.11724429 0.11757350 -0.00015500
Entry Signal

MarketClub’s Trade Triangles for DKKGBP

long term up The long-term trend has been UP since Jan 2nd, 2023 at 0.11937591

intermediate term down The intermediate-term trend has been DOWN since Mar 15th, 2023 at 0.11763391

short term down The short-term trend has been DOWN since Mar 10th, 2023 at 0.11901450

Smart Scan Analysis for DKKGBP

Based on our trend formula, DKKGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for DKKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11772878 0.11778350 0.11724429 0.11757350 -0.00015500
Prev. Close Volume Bid Ask Time
0.11772878 2023-03-20 09:53:58
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