Forex Trend Analysis Report
Prepared for you on Wednesday, August 10, 2022.
Czech Koruna/Hungarian Forint (FOREX:CZKHUF)
Bull Market Weakness (+75) - CZKHUF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CZKHUF as it may be in the beginning stages of a reversal.
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 14.1137
The intermediate-term trend has been DOWN since Jul 25th, 2022 at 16.1390
The short-term trend has been UP since Aug 10th, 2022 at 16.2347
Smart Scan Analysis for CZKHUF
Based on our trend formula, CZKHUF is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).