Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, November 29, 2020.

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, SHORTSYMBOL 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
0.8053124 0.8059200 0.8024422 0.8024422 -0.0028700
Entry Signal

MarketClub’s Trade Triangles for HKDDKK

long term down The long-term trend has been DOWN since Jul 14th, 2020 at 0.8422461

intermediate term down The intermediate-term trend has been DOWN since Nov 6th, 2020 at 0.8082138

short term down The short-term trend has been DOWN since Nov 23rd, 2020 at 0.8082361

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
0.8053124 0.8059200 0.8024422 0.8024422 -0.0028700
Prev. Close Volume Bid Ask Time
0.8053124 2020-11-27 17:18:55
Get a free daily analysis and signals for Hong Kong Dollar/Danish Krone (HKDDKK) - Request Your Free Report.