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Forex Trend Analysis Report

Prepared for you on Thursday, December 2, 2021.

Hong Kong Dollar/Danish Krone (FOREX:HKDDKK)

Countertrend Up (+85) - HKDDKK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_HKDDKK
Open High Low HKDDKK Price Change
0.8425750 0.8442728 0.8407819 0.8433326 +0.0007580
Entry Signal

MarketClub’s Trade Triangles for HKDDKK

long term up The long-term trend has been UP since Aug 9th, 2021 at 0.8144300

intermediate term up The intermediate-term trend has been UP since Nov 5th, 2021 at 0.8297715

short term down The short-term trend has been DOWN since Nov 26th, 2021 at 0.8463264

Smart Scan Analysis for HKDDKK

Based on our trend formula, HKDDKK is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for HKDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8425750 0.8442728 0.8407819 0.8433326 +0.0007580
Prev. Close Volume Bid Ask Time
0.8425750 2021-12-02 12:04:19
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