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Forex Trend Analysis Report

Prepared for you on Thursday, May 23, 2024.

Ukrainian Hryvnia/Danish Krone (FOREX:UAHDKK)

Strong Downtrend (-100) - UAHDKK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, UAHDKK continues to fall. Traders should use caution and set stops.

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
0.17225853 0.17225853 0.17222436 0.17222436 -0.00003400
Entry Signal

MarketClub’s Trade Triangles for UAHDKK

long term down The long-term trend has been DOWN since Dec 11th, 2023 at 0.18793287

intermediate term down The intermediate-term trend has been DOWN since Apr 26th, 2024 at 0.17601724

short term down The short-term trend has been DOWN since May 8th, 2024 at 0.17630889

Smart Scan Analysis for UAHDKK

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

-100
Smart Scan Analysis for UAHDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.17225853 0.17225853 0.17222436 0.17222436 -0.00003400
Prev. Close Volume Bid Ask Time
0.17225853 2024-05-23 21:01:23
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