Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, July 17, 2018.

Danish Krone/Hungarian Forint (FOREX:DKKHUF)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.

FOREX_DKKHUF
Open High Low DKKHUF Price Change
43.3463 43.4580 43.2920 43.4180 +0.0717
Entry Signal

MarketClub’s Trade Triangles for DKKHUF

long term up The long term trend has been UP since Sep 21st, 2017 at 41.7605

intermediate term down The intermediate term trend has been DOWN since Jul 16th, 2018 at 43.2635

short term down The short term trend has been DOWN since Jul 13th, 2018 at 43.3875

Smart Scan Analysis for DKKHUF

Based on a pre-defined weighted trend formula for chart analysis, DKKHUF scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for DKKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
43.3463 43.4580 43.2920 43.4180 +0.0717
Prev. Close Volume Bid Ask Time
43.3463 43.3870 43.4490 2018-07-17 22:39:23
Want to analyze Danish Krone/Hungarian Forint DKKHUF or another symbol? Try our Free Forex Trend Analysis Report.