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.
MarketClub’s Trade Triangles for HUFCHF
The long-term trend has been DOWN since Jul 8th, 2021 at 0.0030250
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 0.0030748
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).