Forex Trend Analysis Report
Prepared for you on Thursday, March 23, 2017.
Danish Krone/Hungarian Forint (FOREX:DKKHUF)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
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 Nov 30th, 2016 at 41.9585
The intermediate term trend has been UP since Mar 6th, 2017 at 41.7185
The short term trend has been UP since Mar 22nd, 2017 at 41.5610
Smart Scan Analysis for DKKHUF
Based on a pre-defined weighted trend formula for chart analysis, DKKHUF scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).