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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.

FOREX_HUFDKK
Open High Low HUFDKK Price Change
0.02051717 0.02056787 0.02046850 0.02047956 -0.00003800
Entry Signal

MarketClub’s Trade Triangles for HUFDKK

long term up The long-term trend has been UP since Dec 10th, 2020 at 0.02104175

intermediate term down The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 0.02067640

short term down 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).

-70
Smart Scan Analysis for HUFDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02051717 0.02056787 0.02046850 0.02047956 -0.00003800
Prev. Close Volume Bid Ask Time
0.02051717 2021-03-01 09:06:03
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