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Forex Trend Analysis Report

Prepared for you on Saturday, January 22, 2022.

Hungarian Forint/Danish Krone (FOREX:HUFDKK)

Countertrend Up (+85) - HUFDKK 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 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
0.02080546 0.02086923 0.02072890 0.02074618 -0.00005900
Entry Signal

MarketClub’s Trade Triangles for HUFDKK

long term up The long-term trend has been UP since Jan 12th, 2022 at 0.02093386

intermediate term up The intermediate-term trend has been UP since Jan 4th, 2022 at 0.02034937

short term down The short-term trend has been DOWN since Jan 18th, 2022 at 0.02082912

Smart Scan Analysis for HUFDKK

Based on our trend formula, HUFDKK is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for HUFDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02080546 0.02086923 0.02072890 0.02074618 -0.00005900
Prev. Close Volume Bid Ask Time
0.02080546 2022-01-21 17:06:30
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