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Forex Trend Analysis Report

Prepared for you on Sunday, March 26, 2023.

Hong Kong Dollar/Danish Krone (FOREX:HKDDKK)

Strong Downtrend (-100) - HKDDKK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HKDDKK continues to fall. Traders should use caution and set stops.

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
0.8767316 0.8858601 0.8756815 0.8810613 +0.0043300
Entry Signal

MarketClub’s Trade Triangles for HKDDKK

long term down The long-term trend has been DOWN since Nov 15th, 2022 at 0.9143829

intermediate term down The intermediate-term trend has been DOWN since Mar 17th, 2023 at 0.8814896

short term down The short-term trend has been DOWN since Mar 17th, 2023 at 0.8814896

Smart Scan Analysis for HKDDKK

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

-100
Smart Scan Analysis for HKDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8767316 0.8858601 0.8756815 0.8810613 +0.0043300
Prev. Close Volume Bid Ask Time
0.8767316 2023-03-24 19:53:00
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