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.
MarketClub’s Trade Triangles for DKKHUF
The long-term trend has been UP since Oct 19th, 2021 at 48.748217
The intermediate-term trend has been UP since Sep 17th, 2021 at 47.382800
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).