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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 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 ?

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
44.891350 44.993764 44.756358 44.928212 +0.036862
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 Feb 17th, 2020 at 44.807011

short term down The short-term trend has been DOWN since Feb 13th, 2020 at 45.125947

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
44.891350 44.993764 44.756358 44.928212 +0.036862
Prev. Close Volume Bid Ask Time
44.891350 44.890855 44.965568 2020-02-17 16:59:53
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