Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Hungarian Forint/Danish Krone (FOREX:HUFDKK)

Crossroads (+60) - HUFDKK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.01816092 0.01821724 0.01809448 0.01814812 -0.00001300
Entry Signal

MarketClub’s Trade Triangles for HUFDKK

long term down The long-term trend has been DOWN since Aug 5th, 2024 at 0.01870312

intermediate term up The intermediate-term trend has been UP since Dec 16th, 2024 at 0.01827597

short term up The short-term trend has been UP since Dec 23rd, 2024 at 0.01808624

Smart Scan Analysis for HUFDKK

Based on our trend formula, HUFDKK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for HUFDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01816092 0.01821724 0.01809448 0.01814812 -0.00001300
Prev. Close Volume Bid Ask Time
0.01816092 2024-12-26 14:14:48
Get a free daily analysis and signals for Hungarian Forint/Danish Krone (HUFDKK) - Request Your Free Report.