Forex Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
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, SHORTSYMBOL 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.
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 Feb 24th, 2020 at 0.02204030
The short-term trend has been DOWN since Mar 12th, 2020 at 0.02207161
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).