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Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
British Pound/Danish Krone (FOREX:GBPDKK)
Weak Downtrend (-65) - GBPDKK is showing signs of a strengthening downtrend. Monitor GBPDKK as it may be building momentum to the downside.
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 DOWN since Mar 5th, 2025 at 8.92530
The short-term trend has been DOWN since Mar 28th, 2025 at 8.90550
Smart Scan Analysis for GBPDKK
Based on our trend formula, GBPDKK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.92425 | 8.93670 | 8.89650 | 8.91080 | -0.01345 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.92425 | 2025-03-31 16:58:11 |