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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Ukrainian Hryvnia/Danish Krone (FOREX:UAHDKK)

Countertrend Up (+85) - UAHDKK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid UAHDKK?

MarketClub looks at technical strength and momentum to determine if the timing is right for UAHDKK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_UAHDKK
Open High Low UAHDKK Price Change
0.17107751 0.17107751 0.17107751 0.17107751 0.00000000
Entry Signal

MarketClub’s Trade Triangles for UAHDKK

long term up The long-term trend has been UP since Nov 7th, 2024 at 0.16710042

intermediate term up The intermediate-term trend has been UP since Nov 7th, 2024 at 0.16698691

short term up The short-term trend has been UP since Nov 7th, 2024 at 0.16664514

Smart Scan Analysis for UAHDKK

Based on our trend formula, UAHDKK is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for UAHDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.17107751 0.17107751 0.17107751 0.17107751 0.00000000
Prev. Close Volume Bid Ask Time
0.17107751 2024-11-19 07:25:20
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