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Forex Trend Analysis Report

Prepared for you on Tuesday, January 22, 2019.

Danish Krone/Hungarian Forint (FOREX:DKKHUF)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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
42.5270 42.6435 42.5110 42.6160 +0.0890
Entry Signal

MarketClub’s Trade Triangles for DKKHUF

long term down The long term trend has been DOWN since Dec 21st, 2018 at 43.0005

intermediate term down The intermediate term trend has been DOWN since Jan 17th, 2019 at 42.9495

short term down The short term trend has been DOWN since Jan 17th, 2019 at 43.0035

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
42.5270 42.6435 42.5110 42.6160 +0.0890
Prev. Close Volume Bid Ask Time
42.5270 42.5860 42.6460 2019-01-22 18:48:29
Want to analyze Danish Krone/Hungarian Forint DKKHUF or another symbol? Try our Free Forex Trend Analysis Report.