Forex Trend Analysis Report
Prepared for you on Monday, June 1, 2020.
Hong Kong Dollar/Danish Krone (FOREX:HKDDKK)
Weak Downtrend (-65) - HKDDKK is showing signs of a strengthening downtrend. Monitor HKDDKK as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for HKDDKK
The long-term trend has been UP since Mar 19th, 2020 at 0.8914600
The intermediate-term trend has been DOWN since May 1st, 2020 at 0.8758374
The short-term trend has been DOWN since May 26th, 2020 at 0.8794794
Smart Scan Analysis for HKDDKK
Based on our trend formula, HKDDKK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).