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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

Hungarian Forint/Swiss Franc (FOREX:HUFCHF)

Strong Downtrend (-100) - HUFCHF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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.

FOREX_HUFCHF
Open High Low HUFCHF Price Change
0.00298764 0.00298945 0.00296717 0.00297355 -0.00001400
Entry Signal

MarketClub’s Trade Triangles for HUFCHF

long term down The long-term trend has been DOWN since Jul 8th, 2021 at 0.0030250

intermediate term down The intermediate-term trend has been DOWN since Sep 20th, 2021 at 0.0030748

short term down The short-term trend has been DOWN since Oct 15th, 2021 at 0.0029685

Smart Scan Analysis for HUFCHF

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

-100
Smart Scan Analysis for HUFCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00298764 0.00298945 0.00296717 0.00297355 -0.00001400
Prev. Close Volume Bid Ask Time
0.00298764 2021-10-15 17:19:11
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