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.
MarketClub’s Trade Triangles for HUFDKK
The long-term trend has been UP since Jan 12th, 2022 at 0.02093386
The intermediate-term trend has been UP since Jan 4th, 2022 at 0.02034937
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).