Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Sunday, December 22, 2024.
Hong Kong Dollar/Hungarian Forint (FOREX:HKDHUF)
Strong Uptrend (+100) - HKDHUF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HKDHUF 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 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for HKDHUF
The long-term trend has been UP since Oct 14th, 2024 at 47.37935
The intermediate-term trend has been UP since Dec 18th, 2024 at 50.98545
The short-term trend has been UP since Dec 18th, 2024 at 50.29330
Smart Scan Analysis for HKDHUF
Based on our trend formula, HKDHUF is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 51.51455 | 51.60820 | 50.88360 | 51.05920 | -0.45535 |
| Prev. Close | Volume | Bid | Ask | Time |
| 51.51455 | 2024-12-20 17:05:57 |