Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
Danish Krone/British Pound (FOREX:DKKGBP)
Countertrend Down (-85) - DKKGBP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
MarketClub’s Trade Triangles for DKKGBP
The long-term trend has been DOWN since Nov 11th, 2020 at 0.11913557
The intermediate-term trend has been DOWN since Dec 31st, 2020 at 0.12036737
The short-term trend has been UP since Feb 25th, 2021 at 0.11647003
Smart Scan Analysis for DKKGBP
Based on our trend formula, DKKGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).