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Forex Trend Analysis Report

Prepared for you on Thursday, January 20, 2022.

Ukrainian Hryvnia/Danish Krone (FOREX:UAHDKK)

Long-Term Downtrend (-90) - UAHDKK is in a strong downtrend that is likely to continue. While UAHDKK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

FOREX_UAHDKK
Open High Low UAHDKK Price Change
0.2313114 0.2313114 0.2313114 0.2313114 0.0000000
Entry Signal

MarketClub’s Trade Triangles for UAHDKK

long term down The long-term trend has been DOWN since Jan 3rd, 2022 at 0.24067719

intermediate term down The intermediate-term trend has been DOWN since Nov 29th, 2021 at 0.24608275

short term down The short-term trend has been DOWN since Jan 10th, 2022 at 0.24010921

Smart Scan Analysis for UAHDKK

Based on our trend formula, UAHDKK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for UAHDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2313114 0.2313114 0.2313114 0.2313114 0.0000000
Prev. Close Volume Bid Ask Time
0.2313114 2022-01-17 21:08:24
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