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Forex Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

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
51.786139 51.805238 51.056150 51.171950 -0.614189
Entry Signal

MarketClub’s Trade Triangles for DKKHUF

long term down The long-term trend has been DOWN since Jan 4th, 2023 at 53.39203

intermediate term up The intermediate-term trend has been UP since Mar 13th, 2023 at 51.83340

short term down The short-term trend has been DOWN since Mar 21st, 2023 at 52.68300

Smart Scan Analysis for DKKHUF

Based on our trend formula, DKKHUF is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for DKKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.786139 51.805238 51.056150 51.171950 -0.614189
Prev. Close Volume Bid Ask Time
51.786139 2023-03-28 21:00:04
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