Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
Czech Koruna/Hungarian Forint (FOREX:CZKHUF)
Long-Term Uptrend (+90) - CZKHUF is in a strong uptrend that is likely to continue. While CZKHUF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CZKHUF?
MarketClub looks at technical strength and momentum to determine if the timing is right for CZKHUF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CZKHUF
The long-term trend has been UP since Jul 26th, 2021 at 14.11370
The intermediate-term trend has been UP since Sep 10th, 2021 at 13.89665
The short-term trend has been UP since Oct 20th, 2021 at 14.23270
Smart Scan Analysis for CZKHUF
Based on our trend formula, CZKHUF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).