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Forex Trend Analysis Report

Prepared for you on Saturday, July 22, 2017.

Danish Krone/Hungarian Forint (FOREX:DKKHUF)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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
41.0675 41.0710 41.0675 41.0710 +0.0035
Entry Signal

MarketClub’s Trade Triangles for DKKHUF

long term down The long term trend has been DOWN since May 25th, 2017 at 41.2790

intermediate term down The intermediate term trend has been DOWN since Jul 12th, 2017 at 41.2755

short term down The short term trend has been DOWN since Jul 10th, 2017 at 41.3900

Smart Scan Analysis for DKKHUF

Based on a pre-defined weighted trend formula for chart analysis, DKKHUF scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for DKKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.0675 41.0710 41.0675 41.0710 +0.0035
Prev. Close Volume Bid Ask Time
41.0675 41.0400 41.1020 2017-07-22 12:41:26
Want to analyze Danish Krone/Hungarian Forint DKKHUF or another symbol? Try our Free Forex Trend Analysis Report.