Forex Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
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 DOWN since Nov 3rd, 2023 at 50.749540
The intermediate-term trend has been DOWN since Oct 17th, 2023 at 51.720162
The short-term trend has been DOWN since Nov 28th, 2023 at 50.837916
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).