Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, November 30, 2023.

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, HUFCHF 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
0.00253043 0.00253449 0.00250490 0.00250912 -0.00002100
Entry Signal

MarketClub’s Trade Triangles for HUFCHF

long term down The long-term trend has been DOWN since Jul 5th, 2023 at 0.002570

intermediate term down The intermediate-term trend has been DOWN since Nov 30th, 2023 at 0.002522

short term down The short-term trend has been DOWN since Nov 29th, 2023 at 0.002531

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
0.00253043 0.00253449 0.00250490 0.00250912 -0.00002100
Prev. Close Volume Bid Ask Time
0.00253043 2023-11-30 09:35:42
Get a free daily analysis and signals for Hungarian Forint/Swiss Franc (HUFCHF) - Request Your Free Report.