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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.

FOREX_HUFDKK
Open High Low HUFDKK Price Change
0.022909 0.023000 0.022895 0.022978 +0.000069
Entry Signal

MarketClub’s Trade Triangles for HUFDKK

long term down The long term trend has been DOWN since Apr 30th, 2019 at 0.023046

intermediate term up The intermediate term trend has been UP since Aug 8th, 2019 at 0.023000

short term down 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).

+55
Smart Scan Analysis for HUFDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.022909 0.023000 0.022895 0.022978 +0.000069
Prev. Close Volume Bid Ask Time
0.022909 0.022964 0.022991 2019-08-16 18:19:00
Want to analyze Hungarian Forint/Danish Krone HUFDKK or another symbol? Try our Free Forex Trend Analysis Report.