Free Daily Analysis

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.

FOREX_HUFDKK
Open High Low HUFDKK Price Change
0.02069708 0.02069708 0.02019870 0.02055055 -0.00014700
Entry Signal

MarketClub’s Trade Triangles for HUFDKK

long term down The long-term trend has been DOWN since Apr 30th, 2019 at 0.02304600

intermediate term down The intermediate-term trend has been DOWN since Feb 24th, 2020 at 0.02204030

short term down 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).

-100
Smart Scan Analysis for HUFDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02069708 0.02069708 0.02019870 0.02055055 -0.00014700
Prev. Close Volume Bid Ask Time
0.02069708 0.02053317 0.02056793 2020-04-01 14:53:45
Get a free daily analysis and signals for Hungarian Forint/Danish Krone (HUFDKK) - Request Your Free Report.