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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Hungarian Forint/Swiss Franc (FOREX:HUFCHF)

Crossroads (+60) - HUFCHF 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 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.

FOREX_HUFCHF
Open High Low HUFCHF Price Change
0.00247945 0.00248505 0.00247700 0.00247836 -0.00000100
Entry Signal

MarketClub’s Trade Triangles for HUFCHF

long term down The long-term trend has been DOWN since Jul 5th, 2023 at 0.00257000

intermediate term up The intermediate-term trend has been UP since Mar 20th, 2024 at 0.00245647

short term up The short-term trend has been UP since Mar 14th, 2024 at 0.00243716

Smart Scan Analysis for HUFCHF

Based on our trend formula, HUFCHF is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for HUFCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00247945 0.00248505 0.00247700 0.00247836 -0.00000100
Prev. Close Volume Bid Ask Time
0.00247945 2024-03-28 04:07:51
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