Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Danish Krone/Hungarian Forint (FOREX:DKKHUF)
Crossroads (+60) - DKKHUF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for DKKHUF
The long-term trend has been DOWN since Dec 10th, 2020 at 47.522859
The intermediate-term trend has been UP since Feb 22nd, 2021 at 48.362958
The short-term trend has been UP since Feb 17th, 2021 at 48.327210
Smart Scan Analysis for DKKHUF
Based on our trend formula, DKKHUF is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).