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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.
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MarketClub’s Trade Triangles for HKDDKK
The long-term trend has been UP since Aug 9th, 2021 at 0.8144300
The intermediate-term trend has been UP since Nov 5th, 2021 at 0.8297715
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).
| 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 |