Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Hong Kong Dollar/Hungarian Forint (FOREX:HKDHUF)

Long-Term Uptrend (+90) - HKDHUF is in a strong uptrend that is likely to continue. While HKDHUF 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 HKDHUF?

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.

Open	High	Low	HKDHUF Price	Change
40.28680	40.30955	40.11015	40.14785	-0.13895
Entry Signal

MarketClub’s Trade Triangles for HKDHUF

The long-term trend has been UP since Sep 28th, 2021 at 39.56275

The intermediate-term trend has been UP since Sep 17th, 2021 at 38.61960

The short-term trend has been UP since Oct 20th, 2021 at 40.15545

Smart Scan Analysis for HKDHUF

Based on our trend formula, HKDHUF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
40.28680	40.30955	40.11015	40.14785	-0.13895
Prev. Close	Volume	Bid	Ask	Time
40.28680				2021-10-22 06:38:55

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