Forex Trend Analysis Report
Prepared for you on Thursday, February 23, 2017.
Danish Krone/Hungarian Forint (FOREX:DKKHUF)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.
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 DOWN since Feb 12th, 2017 at 41.4095
The short term trend has been UP since Feb 23rd, 2017 at 41.5110
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).