Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Danish Krone/Hungarian Forint (FOREX:DKKHUF)
Strong Uptrend (+100) - DKKHUF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DKKHUF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Aug 5th, 2024 at 53.467044
The intermediate-term trend has been UP since Aug 2nd, 2024 at 53.157823
The short-term trend has been UP since Nov 18th, 2024 at 54.884116
Smart Scan Analysis for DKKHUF
Based on our trend formula, DKKHUF is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 54.744100 | 54.895688 | 54.659449 | 54.874850 | +0.130750 |
| Prev. Close | Volume | Bid | Ask | Time |
| 54.744100 | 2024-11-20 03:37:58 |