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Forex Trend Analysis Report

Prepared for you on Thursday, November 30, 2023.

Danish Krone/Hungarian Forint (FOREX:DKKHUF)

Weak Downtrend (-65) - DKKHUF is showing signs of a strengthening downtrend. Monitor DKKHUF as it may be building momentum to the downside.

Is it time to buy, sell, or avoid DKKHUF?

MarketClub looks at technical strength and momentum to determine if the timing is right for DKKHUF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DKKHUF
Open High Low DKKHUF Price Change
50.732650 51.073983 50.703004 51.072250 +0.339600
Entry Signal

MarketClub’s Trade Triangles for DKKHUF

long term down The long-term trend has been DOWN since Nov 3rd, 2023 at 50.749540

intermediate term down The intermediate-term trend has been DOWN since Oct 17th, 2023 at 51.720162

short term down The short-term trend has been DOWN since Nov 28th, 2023 at 50.837916

Smart Scan Analysis for DKKHUF

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

-70
Smart Scan Analysis for DKKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.732650 51.073983 50.703004 51.072250 +0.339600
Prev. Close Volume Bid Ask Time
50.732650 2023-11-30 05:31:07
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