Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Hungarian Forint/Hong Kong Dollar (FOREX:HUFHKD)
Crossroads (+60) - HUFHKD 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 HUFHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for HUFHKD.
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 HUFHKD
The long-term trend has been DOWN since Mar 1st, 2024 at 0.02149908
The intermediate-term trend has been UP since May 9th, 2024 at 0.02172109
The short-term trend has been UP since Apr 29th, 2024 at 0.02143017
Smart Scan Analysis for HUFHKD
Based on our trend formula, HUFHKD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.02161541 | 0.02173643 | 0.02157766 | 0.02168619 | +0.00007100 |
Prev. Close | Volume | Bid | Ask | Time |
0.02161541 | 2024-05-09 14:35:59 |