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Forex Trend Analysis Report

Prepared for you on Monday, September 24, 2018.

Danish Krone/Hungarian Forint (FOREX:DKKHUF)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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
43.48750 43.48850 43.34350 43.36465 -0.12285
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 Sep 18th, 2018 at 43.3165

short term up The short term trend has been UP since Sep 23rd, 2018 at 43.4835

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
43.48750 43.48850 43.34350 43.36465 -0.12285
Prev. Close Volume Bid Ask Time
43.48750 43.34650 43.38280 2018-09-24 10:24:46
Want to analyze Danish Krone/Hungarian Forint DKKHUF or another symbol? Try our Free Forex Trend Analysis Report.