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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Hungarian Forint/Danish Krone (FOREX:HUFDKK)
Bull Market Weakness (+75) - HUFDKK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HUFDKK as it may be in the beginning stages of a reversal.
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 UP since May 28th, 2024 at 0.01949910
The intermediate-term trend has been UP since Jul 8th, 2024 at 0.01903170
The short-term trend has been DOWN since Jul 23rd, 2024 at 0.01906548
Smart Scan Analysis for HUFDKK
Based on our trend formula, HUFDKK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01901993 | 0.01913449 | 0.01900661 | 0.01909045 | +0.00007100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01901993 | 2024-07-26 17:00:06 |