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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.

FOREX_DKKHUF
Open High Low DKKHUF Price Change
48.716398 48.747681 48.481533 48.564631 -0.151767
Entry Signal

MarketClub’s Trade Triangles for DKKHUF

long term down The long-term trend has been DOWN since Dec 10th, 2020 at 47.522859

intermediate term up The intermediate-term trend has been UP since Feb 22nd, 2021 at 48.362958

short term up 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).

+60
Smart Scan Analysis for DKKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
48.716398 48.747681 48.481533 48.564631 -0.151767
Prev. Close Volume Bid Ask Time
48.716398 2021-02-26 05:23:32
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