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Forex Trend Analysis Report

Prepared for you on Friday, January 24, 2025.

Hong Kong Dollar/Hungarian Forint (FOREX:HKDHUF)

Weak Downtrend (-65) - HKDHUF is showing signs of a strengthening downtrend. Monitor HKDHUF as it may be building momentum to the downside.

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.

FOREX_HKDHUF
Open High Low HKDHUF Price Change
50.36270 50.38825 49.76405 49.78340 -0.57930
Entry Signal

MarketClub’s Trade Triangles for HKDHUF

long term up The long-term trend has been UP since Oct 14th, 2024 at 47.37935

intermediate term down The intermediate-term trend has been DOWN since Jan 20th, 2025 at 50.64000

short term down The short-term trend has been DOWN since Jan 20th, 2025 at 51.27305

Smart Scan Analysis for HKDHUF

Based on our trend formula, HKDHUF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for HKDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.36270 50.38825 49.76405 49.78340 -0.57930
Prev. Close Volume Bid Ask Time
50.36270 2025-01-24 12:18:44
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