Forex Trend Analysis Report
Prepared for you on Wednesday, June 7, 2023.
Hungarian Forint/Czech Koruna (FOREX:HUFCZK)
Strong Uptrend (+100) - HUFCZK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HUFCZK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for HUFCZK
The long-term trend has been UP since Jan 22nd, 2023 at 0.06112051
The intermediate-term trend has been UP since Apr 4th, 2023 at 0.06235872
The short-term trend has been UP since Jun 7th, 2023 at 0.06408840
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).