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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Hungarian Forint/Czech Koruna (FOREX:HUFCZK)
Strong Downtrend (-100) - HUFCZK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HUFCZK continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid HUFCZK?
MarketClub looks at technical strength and momentum to determine if the timing is right for HUFCZK.
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 HUFCZK
The long-term trend has been DOWN since Mar 12th, 2024 at 0.06347131
The intermediate-term trend has been DOWN since Aug 2nd, 2024 at 0.06355128
The short-term trend has been DOWN since Nov 18th, 2024 at 0.06174681
Smart Scan Analysis for HUFCZK
Based on our trend formula, HUFCZK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.06193203 | 0.06198089 | 0.06175021 | 0.06178915 | -0.00014300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.06193203 | 2024-11-20 03:37:09 |