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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.

FOREX_DKKHKD
Open High Low DKKHKD Price Change
1.2672750 1.2683110 1.2637600 1.2646474 -0.0026280
Entry Signal

MarketClub’s Trade Triangles for DKKHKD

long term up The long-term trend has been UP since Jul 14th, 2020 at 1.1873927

intermediate term up The intermediate-term trend has been UP since Feb 22nd, 2021 at 1.2686597

short term up 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).

+90
Smart Scan Analysis for DKKHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2672750 1.2683110 1.2637600 1.2646474 -0.0026280
Prev. Close Volume Bid Ask Time
1.2672750 2021-02-26 05:39:14
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