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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Hungarian Forint/Danish Krone (FOREX:HUFDKK)
Bull Market Weakness (+75) - HUFDKK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HUFDKK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HUFDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for HUFDKK.
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 HUFDKK
The long-term trend has been DOWN since Jul 5th, 2023 at 0.01951861
The intermediate-term trend has been UP since Mar 29th, 2024 at 0.01902565
The short-term trend has been UP since Apr 23rd, 2024 at 0.01896688
Smart Scan Analysis for HUFDKK
Based on our trend formula, HUFDKK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01918579 | 0.01921444 | 0.01916238 | 0.01921444 | +0.00002900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01918579 | 2024-05-09 04:28:53 |