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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Hong Kong Dollar/Danish Krone (FOREX:HKDDKK)
Bull Market Weakness (+75) - HKDDKK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HKDDKK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HKDDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDDKK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for HKDDKK
The long-term trend has been UP since Oct 23rd, 2024 at 0.8912897
The intermediate-term trend has been UP since Nov 6th, 2024 at 0.8943969
The short-term trend has been DOWN since Dec 25th, 2024 at 0.9184224
Smart Scan Analysis for HKDDKK
Based on our trend formula, HKDDKK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9236554 | 0.9243539 | 0.9222557 | 0.9224212 | -0.0012340 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.9236554 | 2024-12-26 10:43:29 |