Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Ukrainian Hryvnia/Danish Krone (FOREX:UAHDKK)
Weak Downtrend (-65) - UAHDKK is showing signs of a strengthening downtrend. Monitor UAHDKK as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for UAHDKK
The long-term trend has been DOWN since Mar 4th, 2020 at 0.26992052
The intermediate-term trend has been UP since Apr 6th, 2020 at 0.25007790
The short-term trend has been DOWN since May 20th, 2020 at 0.25729932
Smart Scan Analysis for UAHDKK
Based on our trend formula, UAHDKK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).