Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
Hungarian Forint/Danish Krone (FOREX:HUFDKK)
Weak Downtrend (-65) - HUFDKK is showing signs of a strengthening downtrend. Monitor HUFDKK as it may be building momentum to the downside.
Is it time to buy, sell, or avoid HUFDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for HUFDKK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HUFDKK
The long-term trend has been UP since Dec 10th, 2020 at 0.02104175
The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 0.02067640
The short-term trend has been DOWN since Feb 17th, 2021 at 0.02069286
Smart Scan Analysis for HUFDKK
Based on our trend formula, HUFDKK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).