Forex Trend Analysis Report
Prepared for you on Sunday, May 16, 2021.
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.
MarketClub’s Trade Triangles for DKKHUF
The long-term trend has been UP since Mar 4th, 2021 at 49.109479
The intermediate-term trend has been DOWN since May 10th, 2021 at 48.036561
The short-term trend has been DOWN since May 12th, 2021 at 48.024475
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).