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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Danish Krone/British Pound (FOREX:DKKGBP)
Strong Downtrend (-100) - DKKGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DKKGBP continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for DKKGBP
The long-term trend has been DOWN since Jan 23rd, 2024 at 0.11465326
The intermediate-term trend has been DOWN since Nov 8th, 2024 at 0.11122234
The short-term trend has been DOWN since Nov 20th, 2024 at 0.11169350
Smart Scan Analysis for DKKGBP
Based on our trend formula, DKKGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.11191942 | 0.11192694 | 0.11162950 | 0.11169750 | -0.00022200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.11191942 | 2024-11-20 03:32:12 |