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Forex Trend Analysis Report
Prepared for you on Monday, June 1, 2020.
Hungarian Forint/Swiss Franc (FOREX:HUFCHF)
Bull Market Weakness (+75) - HUFCHF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HUFCHF as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HUFCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for HUFCHF.
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 HUFCHF
The long-term trend has been DOWN since May 15th, 2019 at 0.00346900
The intermediate-term trend has been UP since May 5th, 2020 at 0.00301234
The short-term trend has been UP since May 27th, 2020 at 0.00305156
Smart Scan Analysis for HUFCHF
Based on our trend formula, HUFCHF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00308557 | 0.00310608 | 0.00308364 | 0.00310194 | +0.00001600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00308557 | 0.00310146 | 0.00310242 | 2020-06-01 13:26:01 |