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Forex Trend Analysis Report

Prepared for you on Saturday, November 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.

Open High Low DKKHUF Price Change
43.1160 43.2625 43.1100 43.1120 -0.0040
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 Oct 15th, 2018 at 43.2095

short term down The short term trend has been DOWN since Nov 16th, 2018 at 43.1095

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).

Smart Scan Analysis for DKKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
43.1160 43.2625 43.1100 43.1120 -0.0040
Prev. Close Volume Bid Ask Time
43.1160 43.0890 43.1350 2018-11-17 21:12:20
Want to analyze Danish Krone/Hungarian Forint DKKHUF or another symbol? Try our Free Forex Trend Analysis Report.