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.
MarketClub’s Trade Triangles for DKKGBP
The long-term trend has been UP since Jan 2nd, 2023 at 0.11937591
The intermediate-term trend has been DOWN since Mar 15th, 2023 at 0.11763391
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).