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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.

FOREX_DKKHUF
Open High Low DKKHUF Price Change
55.135656 55.135656 55.132821 55.132821 -0.002835
Entry Signal

MarketClub’s Trade Triangles for DKKHUF

long term up The long-term trend has been UP since Feb 27th, 2022 at 50.048492

intermediate term down The intermediate-term trend has been DOWN since Nov 1st, 2022 at 54.622500

short term up 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).

+65
Smart Scan Analysis for DKKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55.135656 55.135656 55.132821 55.132821 -0.002835
Prev. Close Volume Bid Ask Time
55.135656 2022-12-03 07:07:04
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