Forex Trend Analysis Report
Prepared for you on Thursday, April 26, 2018.
Danish Krone/Hungarian Forint (FOREX:DKKHUF)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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.
MarketClub’s Trade Triangles for DKKHUF
The long term trend has been UP since Sep 21st, 2017 at 41.7605
The intermediate term trend has been UP since Apr 24th, 2018 at 42.0050
The short term trend has been UP since Apr 23rd, 2018 at 41.7530
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).