Forex Trend Analysis Report
Prepared for you on Sunday, October 22, 2017.
Hungarian Forint/Danish Krone (FOREX:HUFDKK)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 HUFDKK
The long term trend has been DOWN since Sep 25th, 2017 at 0.023945
The intermediate term trend has been UP since Oct 16th, 2017 at 0.024200
The short term trend has been UP since Oct 22nd, 2017 at 0.024210
Smart Scan Analysis for HUFDKK
Based on a pre-defined weighted trend formula for chart analysis, HUFDKK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).