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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

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.

FOREX_HUFDKK
Open High Low HUFDKK Price Change
0.01893616 0.01897142 0.01891921 0.01895400 +0.00001800
Entry Signal

MarketClub’s Trade Triangles for HUFDKK

long term down The long-term trend has been DOWN since Jul 5th, 2023 at 0.01951861

intermediate term down The intermediate-term trend has been DOWN since Jan 23rd, 2024 at 0.01942521

short term down The short-term trend has been DOWN since Mar 19th, 2024 at 0.01882772

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).

-70
Smart Scan Analysis for HUFDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01893616 0.01897142 0.01891921 0.01895400 +0.00001800
Prev. Close Volume Bid Ask Time
0.01893616 2024-03-29 10:48:25
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