Forex Trend Analysis Report
Prepared for you on Monday, February 19, 2018.
Danish Krone/Hungarian Forint (FOREX:DKKHUF)
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.
MarketClub’s Trade Triangles for DKKHUF
The long term trend has been UP since Sep 21st, 2017 at 41.7605
The intermediate term trend has been UP since Jan 30th, 2018 at 41.6915
The short term trend has been DOWN since Feb 15th, 2018 at 41.8210
Smart Scan Analysis for DKKHUF
Based on a pre-defined weighted trend formula for chart analysis, DKKHUF scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).