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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Danish Krone/Hong Kong Dollar (FOREX:DKKHKD)
Sidelines Mode (+50) - DKKHKD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until DKKHKD can gain momentum.
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 Oct 23rd, 2024 at 1.1219697
The intermediate-term trend has been UP since Nov 5th, 2024 at 1.1396269
The short-term trend has been UP since Dec 25th, 2024 at 1.0888300
Smart Scan Analysis for DKKHKD
Based on our trend formula, DKKHKD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0828787 | 1.0832138 | 1.0818368 | 1.0829350 | +0.0000560 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0828787 | 2024-12-26 05:17:50 |