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Forex Trend Analysis Report

Prepared for you on Sunday, February 16, 2025.

Hungarian Forint/Brazilian Real (FOREX:HUFBRL)

Bear Market Rally (-75) - HUFBRL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HUFBRL as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid HUFBRL?

MarketClub looks at technical strength and momentum to determine if the timing is right for HUFBRL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_HUFBRL
Open High Low HUFBRL Price Change
0.01499791 0.01512538 0.01485707 0.01487969 -0.00011800
Entry Signal

MarketClub’s Trade Triangles for HUFBRL

long term down The long-term trend has been DOWN since Feb 2nd, 2025 at 0.01464898

intermediate term down The intermediate-term trend has been DOWN since Jan 7th, 2025 at 0.01518772

short term up The short-term trend has been UP since Feb 5th, 2025 at 0.01488208

Smart Scan Analysis for HUFBRL

Based on our trend formula, HUFBRL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for HUFBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01499791 0.01512538 0.01485707 0.01487969 -0.00011800
Prev. Close Volume Bid Ask Time
0.01499791 2025-02-14 17:03:54
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