Forex Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
Ukrainian Hryvnia/Danish Krone (FOREX:UAHDKK)
Bull Market Weakness (+75) - UAHDKK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on UAHDKK as it may be in the beginning stages 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 UP since May 2nd, 2022 at 0.23240474
The intermediate-term trend has been UP since Jun 14th, 2022 at 0.23590966
The short-term trend has been UP since Jun 29th, 2022 at 0.23914308
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).