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Forex Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

Hungarian Forint/Danish Krone (FOREX:HUFDKK)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_HUFDKK
Open High Low HUFDKK Price Change
0.023064 0.023097 0.023041 0.023057 -0.000007
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 down The intermediate term trend has been DOWN since Nov 26th, 2018 at 0.023054

short term down The short term trend has been DOWN since Dec 5th, 2018 at 0.023036

Smart Scan Analysis for HUFDKK

Based on a pre-defined weighted trend formula for chart analysis, HUFDKK scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for HUFDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.023064 0.023097 0.023041 0.023057 -0.000007
Prev. Close Volume Bid Ask Time
0.023064 0.023033 0.023081 2018-12-11 17:04:22
Want to analyze Hungarian Forint/Danish Krone HUFDKK or another symbol? Try our Free Forex Trend Analysis Report.