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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Hungarian Forint/Danish Krone (FOREX:HUFDKK)
Strong Downtrend (-100) - HUFDKK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HUFDKK continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for HUFDKK
The long-term trend has been DOWN since Aug 5th, 2024 at 0.01870312
The intermediate-term trend has been DOWN since Aug 2nd, 2024 at 0.01880820
The short-term trend has been DOWN since Nov 18th, 2024 at 0.01823413
Smart Scan Analysis for HUFDKK
Based on our trend formula, HUFDKK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01826706 | 0.01829510 | 0.01821637 | 0.01822129 | -0.00004600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01826706 | 2024-11-20 03:35:38 |