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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

Hungarian Forint/Swiss Franc (FOREX:HUFCHF)

Sidelines Mode (+55) - HUFCHF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.00303884 0.00304853 0.00302497 0.00302792 -0.00001100
Entry Signal

MarketClub’s Trade Triangles for HUFCHF

long term up The long-term trend has been UP since Feb 23rd, 2021 at 0.00305686

intermediate term up The intermediate-term trend has been UP since Jan 31st, 2021 at 0.00302951

short term down The short-term trend has been DOWN since Feb 26th, 2021 at 0.00303250

Smart Scan Analysis for HUFCHF

Based on our trend formula, HUFCHF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for HUFCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00303884 0.00304853 0.00302497 0.00302792 -0.00001100
Prev. Close Volume Bid Ask Time
0.00303884 2021-02-26 17:12:07
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