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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.

FOREX_DKKHUF
Open High Low DKKHUF Price Change
41.48700 41.62500 41.46925 41.57450 +0.08750
Entry Signal

MarketClub’s Trade Triangles for DKKHUF

long term up The long term trend has been UP since Nov 30th, 2016 at 41.9585

intermediate term up The intermediate term trend has been UP since Mar 6th, 2017 at 41.7185

short term up 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).

+80
Smart Scan Analysis for DKKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.48700 41.62500 41.46925 41.57450 +0.08750
Prev. Close Volume Bid Ask Time
41.48700 41.56000 41.58900 2017-03-23 14:15:37
Want to analyze Danish Krone/Hungarian Forint DKKHUF or another symbol? Try our Free Forex Trend Analysis Report.