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Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

Danish Krone/Hong Kong Dollar (FOREX:DKKHKD)

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

Is it time to buy, sell, or avoid DKKHKD?

MarketClub looks at technical strength and momentum to determine if the timing is right for DKKHKD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DKKHKD
Open High Low DKKHKD Price Change
1.120015 1.120015 1.120015 1.120015 0.000000
Entry Signal

MarketClub’s Trade Triangles for DKKHKD

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 1.1215899

intermediate term down The intermediate-term trend has been DOWN since Jun 9th, 2024 at 1.1304086

short term down The short-term trend has been DOWN since Jun 14th, 2024 at 1.1226066

Smart Scan Analysis for DKKHKD

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

-100
Smart Scan Analysis for DKKHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.120015 1.120015 1.120015 1.120015 0.000000
Prev. Close Volume Bid Ask Time
1.120015 2024-06-16 15:01:44
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