Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Ukrainian Hryvnia/Danish Krone (FOREX:UAHDKK)
Bear Market Rally (-75) - UAHDKK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on UAHDKK as it may be in the beginning of a reversal.
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 Jan 18th, 2021 at 0.21544576
The short-term trend has been DOWN since Feb 23rd, 2021 at 0.21947401
Smart Scan Analysis for UAHDKK
Based on our trend formula, UAHDKK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).