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Forex Trend Analysis Report

Prepared for you on Wednesday, October 27, 2021.

Danish Krone/Hungarian Forint (FOREX:DKKHUF)

Bull Market Weakness (+75) - DKKHUF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DKKHUF as it may be in the beginning stages of a reversal.

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
49.088500 49.166083 48.795256 48.831009 -0.257491
Entry Signal

MarketClub’s Trade Triangles for DKKHUF

long term up The long-term trend has been UP since Oct 19th, 2021 at 48.748217

intermediate term up The intermediate-term trend has been UP since Sep 17th, 2021 at 47.382800

short term down The short-term trend has been DOWN since Oct 27th, 2021 at 48.854211

Smart Scan Analysis for DKKHUF

Based on our trend formula, DKKHUF is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for DKKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
49.088500 49.166083 48.795256 48.831009 -0.257491
Prev. Close Volume Bid Ask Time
49.088500 2021-10-27 21:43:55
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