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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
British Pound/Danish Krone (FOREX:GBPDKK)
Bear Market Rally (-75) - GBPDKK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPDKK as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid GBPDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPDKK.
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 GBPDKK
The long-term trend has been DOWN since Jan 14th, 2025 at 8.82965
The intermediate-term trend has been UP since May 6th, 2025 at 8.80450
The short-term trend has been DOWN since May 29th, 2025 at 8.86450
Smart Scan Analysis for GBPDKK
Based on our trend formula, GBPDKK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.8555 | 8.8770 | 8.8400 | 8.8462 | -0.0093 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.8555 | 2025-05-30 19:59:43 |