Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Danish Krone/Hong Kong Dollar (FOREX:DKKHKD)
Long-Term Uptrend (+90) - DKKHKD is in a strong uptrend that is likely to continue. While DKKHKD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid DKKHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for DKKHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DKKHKD
The long-term trend has been UP since Jul 14th, 2020 at 1.1873927
The intermediate-term trend has been UP since Feb 22nd, 2021 at 1.2686597
The short-term trend has been UP since Feb 22nd, 2021 at 1.2664189
Smart Scan Analysis for DKKHKD
Based on our trend formula, DKKHKD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).