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Forex Trend Analysis Report

Prepared for you on Monday, July 22, 2024.

Hungarian Forint/Danish Krone (FOREX:HUFDKK)

Strong Uptrend (+100) - HUFDKK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HUFDKK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid HUFDKK?

MarketClub looks at technical strength and momentum to determine if the timing is right for HUFDKK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_HUFDKK
Open High Low HUFDKK Price Change
0.01910385 0.01919366 0.01907143 0.01915902 +0.00005500
Entry Signal

MarketClub’s Trade Triangles for HUFDKK

long term up The long-term trend has been UP since May 28th, 2024 at 0.01949910

intermediate term up The intermediate-term trend has been UP since Jul 8th, 2024 at 0.01903170

short term up The short-term trend has been UP since Jul 10th, 2024 at 0.01903877

Smart Scan Analysis for HUFDKK

Based on our trend formula, HUFDKK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for HUFDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01910385 0.01919366 0.01907143 0.01915902 +0.00005500
Prev. Close Volume Bid Ask Time
0.01910385 2024-07-22 07:36:01
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