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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Danish Krone/Hungarian Forint (FOREX:DKKHUF)

Weak Downtrend (-65) - DKKHUF is showing signs of a strengthening downtrend. Monitor DKKHUF as it may be building momentum to the downside.

Is it time to buy, sell, or avoid DKKHUF?

MarketClub looks at technical strength and momentum to determine if the timing is right for DKKHUF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DKKHUF
Open High Low DKKHUF Price Change
46.270500 46.477906 46.230000 46.230000 -0.040500
Entry Signal

MarketClub’s Trade Triangles for DKKHUF

long term up The long-term trend has been UP since Apr 30th, 2019 at 43.408500

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2020 at 46.799350

short term down The short-term trend has been DOWN since May 26th, 2020 at 46.649141

Smart Scan Analysis for DKKHUF

Based on our trend formula, DKKHUF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for DKKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
46.270500 46.477906 46.230000 46.230000 -0.040500
Prev. Close Volume Bid Ask Time
46.270500 46.200000 46.260000 2020-06-02 05:10:26
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