Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
Hungarian Forint/Danish Krone (FOREX:HUFDKK)
Bear Market Rally (-75) - HUFDKK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HUFDKK as it may be in the beginning of a reversal.
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 DOWN since Feb 27th, 2022 at 0.01998700
The intermediate-term trend has been UP since Jul 25th, 2022 at 0.01881775
The short-term trend has been DOWN since Aug 15th, 2022 at 0.01881127
Smart Scan Analysis for HUFDKK
Based on our trend formula, HUFDKK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01862982 | 0.01866766 | 0.01830560 | 0.01831893 | -0.00031100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01862982 | 2022-08-16 07:14:37 |