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Forex Trend Analysis Report
Prepared for you on Wednesday, December 4, 2024.
Danish Krone/Hungarian Forint (FOREX:DKKHUF)
Long-Term Uptrend (+90) - DKKHUF is in a strong uptrend that is likely to continue. While DKKHUF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for DKKHUF
The long-term trend has been UP since Aug 5th, 2024 at 53.467044
The intermediate-term trend has been UP since Aug 2nd, 2024 at 53.157823
The short-term trend has been UP since Nov 27th, 2024 at 55.305881
Smart Scan Analysis for DKKHUF
Based on our trend formula, DKKHUF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 55.606993 | 55.688229 | 55.486897 | 55.537350 | -0.069643 |
| Prev. Close | Volume | Bid | Ask | Time |
| 55.606993 | 2024-12-04 06:56:44 |