Forex Trend Analysis Report
Prepared for you on Sunday, November 29, 2020.
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 Aug 17th, 2020 at 13.3540
The intermediate-term trend has been UP since Oct 28th, 2020 at 13.4524
The short-term trend has been UP since Nov 15th, 2020 at 13.5585
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).