Forex Trend Analysis Report
Prepared for you on Monday, November 23, 2020.
Croatian Kuna/Hungarian Forint (FOREX:HRKHUF)
Bull Market Weakness (+75) - HRKHUF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HRKHUF as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HRKHUF?
MarketClub looks at technical strength and momentum to determine if the timing is right for HRKHUF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HRKHUF
The long-term trend has been UP since Aug 21st, 2020 at 46.414393
The intermediate-term trend has been DOWN since Nov 9th, 2020 at 47.341972
The short-term trend has been UP since Nov 23rd, 2020 at 47.819555
Smart Scan Analysis for HRKHUF
Based on our trend formula, HRKHUF is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).