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Forex Trend Analysis Report

Prepared for you on Tuesday, January 18, 2022.

Danish Krone/Hong Kong Dollar (FOREX:DKKHKD)

Bull Market Weakness (+75) - DKKHKD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DKKHKD as it may be in the beginning stages of a reversal.

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
1.1936450 1.1945373 1.1928734 1.1942593 +0.0006140
Entry Signal

MarketClub’s Trade Triangles for DKKHKD

long term down The long-term trend has been DOWN since Aug 9th, 2021 at 1.2277059

intermediate term up The intermediate-term trend has been UP since Dec 29th, 2021 at 1.1916299

short term up The short-term trend has been UP since Jan 11th, 2022 at 1.1916190

Smart Scan Analysis for DKKHKD

Based on our trend formula, DKKHKD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for DKKHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1936450 1.1945373 1.1928734 1.1942593 +0.0006140
Prev. Close Volume Bid Ask Time
1.1936450 2022-01-18 03:01:43
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