Forex Trend Analysis Report
Prepared for you on Wednesday, November 25, 2020.
Danish Krone/Hong Kong Dollar (FOREX:DKKHKD)
Strong Uptrend (+100) - DKKHKD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DKKHKD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for DKKHKD
The long-term trend has been UP since Jul 14th, 2020 at 1.1873927
The intermediate-term trend has been UP since Nov 6th, 2020 at 1.2373223
The short-term trend has been UP since Nov 24th, 2020 at 1.2393905
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).