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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Danish Krone/Hong Kong Dollar (FOREX:DKKHKD)

Weak Uptrend (+65) - DKKHKD is showing signs of weakening momentum to the upside. Monitor 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
1.1358150 1.1374090 1.1335232 1.1371855 +0.0013700
Entry Signal

MarketClub’s Trade Triangles for DKKHKD

long term up The long-term trend has been UP since Jul 17th, 2024 at 1.1446384

intermediate term up The intermediate-term trend has been UP since Jul 5th, 2024 at 1.1361703

short term down The short-term trend has been DOWN since Jul 19th, 2024 at 1.1372983

Smart Scan Analysis for DKKHKD

Based on our trend formula, DKKHKD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for DKKHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1358150 1.1374090 1.1335232 1.1371855 +0.0013700
Prev. Close Volume Bid Ask Time
1.1358150 2024-07-26 17:04:33
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