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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.

FOREX_HKDHUF
Open High Low HKDHUF Price Change
39.84270 39.93535 39.69485 39.88590 +0.04320
Entry Signal

MarketClub’s Trade Triangles for HKDHUF

long term up The long-term trend has been UP since Apr 1st, 2019 at 36.51200

intermediate term up The intermediate-term trend has been UP since Jan 9th, 2020 at 38.51230

short term down 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).

+75
Smart Scan Analysis for HKDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
39.84270 39.93535 39.69485 39.88590 +0.04320
Prev. Close Volume Bid Ask Time
39.84270 39.84600 39.92580 2020-02-17 17:18:10
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