Free Daily Analysis

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.

FOREX_DKKHKD
Open High Low DKKHKD Price Change
1.0828787 1.0832138 1.0818368 1.0829350 +0.0000560
Entry Signal

MarketClub’s Trade Triangles for DKKHKD

long term down The long-term trend has been DOWN since Oct 23rd, 2024 at 1.1219697

intermediate term up The intermediate-term trend has been UP since Nov 5th, 2024 at 1.1396269

short term up 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).

+50
Smart Scan Analysis for DKKHKD
Strong Downtrend Sideways 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
Get a free daily analysis and signals for Danish Krone/Hong Kong Dollar (DKKHKD) - Request Your Free Report.