Forex Trend Analysis Report
Prepared for you on Wednesday, January 22, 2020.
Ukrainian Hryvnia/Danish Krone (FOREX:UAHDKK)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
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 DOWN since Dec 29th, 2019 at 0.28403891
The short term trend has been DOWN since Jan 20th, 2020 at 0.27900207
Smart Scan Analysis for UAHDKK
Based on a pre-defined weighted trend formula for chart analysis, UAHDKK scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).