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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.

FOREX_DKKHKD
Open High Low DKKHKD Price Change
1.2398687 1.2423300 1.2375782 1.2396083 -0.0002600
Entry Signal

MarketClub’s Trade Triangles for DKKHKD

long term up The long-term trend has been UP since Jul 14th, 2020 at 1.1873927

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2020 at 1.2373223

short term up 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).

+100
Smart Scan Analysis for DKKHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2398687 1.2423300 1.2375782 1.2396083 -0.0002600
Prev. Close Volume Bid Ask Time
1.2398687 2020-11-25 09:03:48
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