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Forex Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
Hungarian Forint/Swiss Franc (FOREX:HUFCHF)
Weak Uptrend (+65) - HUFCHF is showing signs of weakening momentum to the upside. Monitor HUFCHF as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HUFCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for HUFCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for HUFCHF
The long-term trend has been UP since Apr 3rd, 2024 at 0.00248505
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 0.00245409
The short-term trend has been UP since Apr 30th, 2024 at 0.00249865
Smart Scan Analysis for HUFCHF
Based on our trend formula, HUFCHF is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00250792 | 0.00250959 | 0.00249800 | 0.00250069 | -0.00000700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00250792 | 2024-05-03 17:01:03 |