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Forex Trend Analysis Report

Prepared for you on Wednesday, January 17, 2018.

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.

Open High Low HUFDKK Price Change
0.02409 0.02415 0.02408 0.02414 +0.00005
Entry Signal

MarketClub’s Trade Triangles for HUFDKK

long term down The long term trend has been DOWN since Sep 25th, 2017 at 0.023945

intermediate term up The intermediate term trend has been UP since Dec 24th, 2017 at 0.023930

short term up The short term trend has been UP since Jan 12th, 2018 at 0.024150

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).

Smart Scan Analysis for HUFDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02409 0.02415 0.02408 0.02414 +0.00005
Prev. Close Volume Bid Ask Time
0.02409 0.02413 0.02415 2018-01-17 17:14:50
Want to analyze Hungarian Forint/Danish Krone HUFDKK or another symbol? Try our Free Forex Trend Analysis Report.