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Forex Trend Analysis Report

Prepared for you on Thursday, February 23, 2017.

Danish Krone/Hungarian Forint (FOREX:DKKHUF)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
41.4345 41.5245 41.3505 41.5074 +0.0729
Entry Signal

MarketClub’s Trade Triangles for DKKHUF

long term up The long term trend has been UP since Nov 30th, 2016 at 41.9585

intermediate term down The intermediate term trend has been DOWN since Feb 12th, 2017 at 41.4095

short term up The short term trend has been UP since Feb 23rd, 2017 at 41.5110

Smart Scan Analysis for DKKHUF

Based on a pre-defined weighted trend formula for chart analysis, DKKHUF scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for DKKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.4345 41.5245 41.3505 41.5074 +0.0729
Prev. Close Volume Bid Ask Time
41.4345 41.4911 41.5237 2017-02-23 16:25:21
Want to analyze Danish Krone/Hungarian Forint DKKHUF or another symbol? Try our Free Forex Trend Analysis Report.