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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.

FOREX_DKKHUF
Open High Low DKKHUF Price Change
47.76072 47.76072 47.76072 47.76072 0.00000
Entry Signal

MarketClub’s Trade Triangles for DKKHUF

long term up The long-term trend has been UP since Mar 4th, 2021 at 49.109479

intermediate term down The intermediate-term trend has been DOWN since May 10th, 2021 at 48.036561

short term down 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).

-70
Smart Scan Analysis for DKKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
47.76072 47.76072 47.76072 47.76072 0.00000
Prev. Close Volume Bid Ask Time
47.76072 2021-05-16 01:40:30
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