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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.

FOREX_HKDDKK
Open High Low HKDDKK Price Change
0.7958000 0.7983843 0.7939735 0.7982400 +0.0024400
Entry Signal

MarketClub’s Trade Triangles for HKDDKK

long term up The long-term trend has been UP since Mar 5th, 2021 at 0.8030800

intermediate term down The intermediate-term trend has been DOWN since Apr 13th, 2021 at 0.8013898

short term down 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).

-60
Smart Scan Analysis for HKDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7958000 0.7983843 0.7939735 0.7982400 +0.0024400
Prev. Close Volume Bid Ask Time
0.7958000 2021-04-22 10:45:24
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