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Forex Trend Analysis Report

Prepared for you on Tuesday, March 26, 2019.

British Pound/Danish Krone (FOREX:GBPDKK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low GBPDKK Price Change
8.7023 8.7587 8.6886 8.7503 +0.0480
Entry Signal

MarketClub’s Trade Triangles for GBPDKK

long term up The long term trend has been UP since Jan 24th, 2019 at 8.61875

intermediate term down The intermediate term trend has been DOWN since Mar 21st, 2019 at 8.58040

short term up The short term trend has been UP since Mar 22nd, 2019 at 8.74270

Smart Scan Analysis for GBPDKK

Based on a pre-defined weighted trend formula for chart analysis, GBPDKK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for GBPDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.7023 8.7587 8.6886 8.7503 +0.0480
Prev. Close Volume Bid Ask Time
8.7023 8.7478 8.7528 2019-03-26 18:18:28
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