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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Hungarian Forint/Brazilian Real (FOREX:HUFBRL)
Weak Downtrend (-65) - HUFBRL is showing signs of a strengthening downtrend. Monitor HUFBRL as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for HUFBRL
The long-term trend has been UP since Nov 6th, 2024 at 0.01604900
The intermediate-term trend has been DOWN since Nov 6th, 2024 at 0.01514063
The short-term trend has been DOWN since Nov 18th, 2024 at 0.01493096
Smart Scan Analysis for HUFBRL
Based on our trend formula, HUFBRL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01497661 | 0.01499534 | 0.01490177 | 0.01490177 | -0.00007500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01497661 | 2024-11-20 03:51:03 |