Forex Trend Analysis Report
Prepared for you on Monday, February 24, 2020.
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.
MarketClub’s Trade Triangles for UAHDKK
The long-term trend has been UP since Dec 23rd, 2018 at 0.23788500
The intermediate-term trend has been UP since Feb 10th, 2020 at 0.27734734
The short-term trend has been UP since Feb 5th, 2020 at 0.27250699
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).