Forex Trend Analysis Report
Prepared for you on Saturday, December 3, 2022.
Danish Krone/Hungarian Forint (FOREX:DKKHUF)
Weak Uptrend (+65) - DKKHUF is showing signs of weakening momentum to the upside. Monitor 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.
MarketClub’s Trade Triangles for DKKHUF
The long-term trend has been UP since Feb 27th, 2022 at 50.048492
The intermediate-term trend has been DOWN since Nov 1st, 2022 at 54.622500
The short-term trend has been UP since Dec 1st, 2022 at 55.205465
Smart Scan Analysis for DKKHUF
Based on our trend formula, DKKHUF is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).