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Forex Trend Analysis Report
Prepared for you on Sunday, September 15, 2024.
Hong Kong Dollar/Danish Krone (FOREX:HKDDKK)
Bear Market Rally (-75) - HKDDKK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HKDDKK as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid HKDDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDDKK.
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 HKDDKK
The long-term trend has been DOWN since Jul 17th, 2024 at 0.8736384
The intermediate-term trend has been DOWN since Aug 5th, 2024 at 0.8726325
The short-term trend has been DOWN since Sep 12th, 2024 at 0.8636528
Smart Scan Analysis for HKDDKK
Based on our trend formula, HKDDKK is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.8641222 | 0.8641222 | 0.8631182 | 0.8631182 | -0.0010040 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.8641222 | 2024-09-14 08:06:21 |