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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

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
0.8231389 0.8236838 0.8212861 0.8219483 -0.0011910
Entry Signal

MarketClub’s Trade Triangles for HKDDKK

long term up The long-term trend has been UP since Aug 9th, 2021 at 0.8144300

intermediate term up The intermediate-term trend has been UP since Sep 19th, 2021 at 0.8150556

short term up The short-term trend has been UP since Oct 22nd, 2021 at 0.8236808

Smart Scan Analysis for HKDDKK

Based on our trend formula, HKDDKK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for HKDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8231389 0.8236838 0.8212861 0.8219483 -0.0011910
Prev. Close Volume Bid Ask Time
0.8231389 2021-10-22 17:01:08
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