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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
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.
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MarketClub’s Trade Triangles for HUFCHF
The long-term trend has been DOWN since Jun 14th, 2024 at 0.002397
The intermediate-term trend has been DOWN since Oct 2nd, 2024 at 0.002344
The short-term trend has been DOWN since Nov 18th, 2024 at 0.002287
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00227266 | 0.00227426 | 0.00225650 | 0.00226190 | -0.00001100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00227266 | 2024-11-21 05:55:16 |