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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Czech Koruna/Hungarian Forint (FOREX:CZKHUF)
Strong Uptrend (+100) - CZKHUF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CZKHUF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
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MarketClub’s Trade Triangles for CZKHUF
The long-term trend has been UP since Mar 12th, 2024 at 15.75585
The intermediate-term trend has been UP since Aug 4th, 2024 at 15.73620
The short-term trend has been UP since Nov 18th, 2024 at 16.18040
Smart Scan Analysis for CZKHUF
Based on our trend formula, CZKHUF is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.14915 | 16.19445 | 16.13320 | 16.17990 | +0.03075 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.14915 | 2024-11-20 03:31:17 |