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Forex Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
Danish Krone/Hong Kong Dollar (FOREX:DKKHKD)
Countertrend Down (-85) - DKKHKD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for DKKHKD
The long-term trend has been DOWN since Apr 12th, 2024 at 1.1215899
The intermediate-term trend has been DOWN since Mar 27th, 2024 at 1.1364741
The short-term trend has been UP since Apr 17th, 2024 at 1.1198671
Smart Scan Analysis for DKKHKD
Based on our trend formula, DKKHKD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.1172227 | 1.1172227 | 1.1172227 | 1.1172227 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.1172227 | 2024-04-20 05:38:10 |