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Forex Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

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, SHORTSYMBOL 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.

FOREX_DKKGBP
Open High Low DKKGBP Price Change
0.11369000 0.11376436 0.11324400 0.11325100 -0.00043900
Entry Signal

MarketClub’s Trade Triangles for DKKGBP

long term down The long-term trend has been DOWN since Nov 11th, 2020 at 0.11913557

intermediate term down The intermediate-term trend has been DOWN since Oct 6th, 2021 at 0.11431969

short term down The short-term trend has been DOWN since Oct 11th, 2021 at 0.11394500

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).

-100
Smart Scan Analysis for DKKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11369000 0.11376436 0.11324400 0.11325100 -0.00043900
Prev. Close Volume Bid Ask Time
0.11369000 2021-10-19 08:28:39
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