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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2019.

Danish Krone/Hungarian Forint (FOREX:DKKHUF)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_DKKHUF
Open High Low DKKHUF Price Change
42.9540 43.1560 42.9400 43.0754 +0.1214
Entry Signal

MarketClub’s Trade Triangles for DKKHUF

long term down The long term trend has been DOWN since Dec 21st, 2018 at 43.0005

intermediate term up The intermediate term trend has been UP since Mar 25th, 2019 at 42.4575

short term up The short term trend has been UP since Apr 22nd, 2019 at 42.9210

Smart Scan Analysis for DKKHUF

Based on a pre-defined weighted trend formula for chart analysis, DKKHUF scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for DKKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
42.9540 43.1560 42.9400 43.0754 +0.1214
Prev. Close Volume Bid Ask Time
42.954 43.0264 43.1244 2019-04-24 19:02:50
Want to analyze Danish Krone/Hungarian Forint DKKHUF or another symbol? Try our Free Forex Trend Analysis Report.