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Forex Trend Analysis Report

Prepared for you on Thursday, April 26, 2018.

Danish Krone/Hungarian Forint (FOREX:DKKHUF)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
42.04900 42.06700 42.00550 42.05115 +0.00215
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 up The intermediate term trend has been UP since Apr 24th, 2018 at 42.0050

short term up The short term trend has been UP since Apr 23rd, 2018 at 41.7530

Smart Scan Analysis for DKKHUF

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

+100
Smart Scan Analysis for DKKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
42.04900 42.06700 42.00550 42.05115 +0.00215
Prev. Close Volume Bid Ask Time
42.04900 41.99970 42.10260 2018-04-26 01:29:35
Want to analyze Danish Krone/Hungarian Forint DKKHUF or another symbol? Try our Free Forex Trend Analysis Report.