Forex Trend Analysis Report
Prepared for you on Tuesday, May 18, 2021.
Ukrainian Hryvnia/Danish Krone (FOREX:UAHDKK)
Crossroads (-60) - UAHDKK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid UAHDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for UAHDKK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for UAHDKK
The long-term trend has been UP since Mar 5th, 2021 at 0.22364515
The intermediate-term trend has been DOWN since Apr 12th, 2021 at 0.22582928
The short-term trend has been DOWN since Apr 6th, 2021 at 0.22765934
Smart Scan Analysis for UAHDKK
Based on our trend formula, UAHDKK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).