Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Wednesday, January 22, 2020.
Hungarian Forint/Danish Krone (FOREX:HUFDKK)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
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MarketClub’s Trade Triangles for HUFDKK
The long term trend has been DOWN since Apr 30th, 2019 at 0.02304600
The intermediate term trend has been DOWN since Jan 9th, 2020 at 0.02243565
The short term trend has been UP since Jan 21st, 2020 at 0.02236638
Smart Scan Analysis for HUFDKK
Based on a pre-defined weighted trend formula for chart analysis, HUFDKK scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02236559 | 0.02237533 | 0.02222448 | 0.02223837 | -0.00012700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02236559 | 0.02223104 | 0.02224570 | 2020-01-22 10:34:30 |