Forex Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
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 UP since Sep 7th, 2023 at 0.18864730
The intermediate-term trend has been DOWN since Oct 24th, 2023 at 0.19279300
The short-term trend has been DOWN since Nov 6th, 2023 at 0.19374501
Smart Scan Analysis for UAHDKK
Based on our trend formula, UAHDKK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).