Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Hong Kong Dollar/Hungarian Forint (FOREX:HKDHUF)
Bull Market Weakness (+75) - HKDHUF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HKDHUF as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDHUF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HKDHUF
The long-term trend has been UP since Apr 1st, 2019 at 36.51200
The intermediate-term trend has been UP since Jan 9th, 2020 at 38.51230
The short-term trend has been DOWN since Feb 14th, 2020 at 39.83775
Smart Scan Analysis for HKDHUF
Based on our trend formula, HKDHUF is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).