Forex Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
Hong Kong Dollar/Danish Krone (FOREX:HKDDKK)
Crossroads (-60) - HKDDKK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 5th, 2021 at 0.8030800
The intermediate-term trend has been DOWN since Apr 13th, 2021 at 0.8013898
The short-term trend has been DOWN since Apr 19th, 2021 at 0.7977800
Smart Scan Analysis for HKDDKK
Based on our trend formula, HKDDKK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).