Forex Trend Analysis Report
Prepared for you on Saturday, August 17, 2019.
Hungarian Forint/Danish Krone (FOREX:HUFDKK)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for HUFDKK
The long term trend has been DOWN since Apr 30th, 2019 at 0.023046
The intermediate term trend has been UP since Aug 8th, 2019 at 0.023000
The short term trend has been DOWN since Aug 14th, 2019 at 0.022967
Smart Scan Analysis for HUFDKK
Based on a pre-defined weighted trend formula for chart analysis, HUFDKK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).