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Forex Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

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.

FOREX_HKDDKK
Open High Low HKDDKK Price Change
0.8901957 0.8906232 0.8850885 0.8858794 -0.0043160
Entry Signal

MarketClub’s Trade Triangles for HKDDKK

long term up The long-term trend has been UP since Mar 19th, 2020 at 0.8914600

intermediate term up The intermediate-term trend has been UP since Mar 18th, 2020 at 0.8867736

short term down The short-term trend has been DOWN since Apr 7th, 2020 at 0.8877163

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).

+75
Smart Scan Analysis for HKDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8901957 0.8906232 0.8850885 0.8858794 -0.0043160
Prev. Close Volume Bid Ask Time
0.8901957 0.8858016 0.8859572 2020-04-07 05:28:27
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