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Forex Trend Analysis Report

Prepared for you on Wednesday, April 1, 2020.

Hungarian Forint/Czech Koruna (FOREX:HUFCZK)

Crossroads (-60) - HUFCZK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_HUFCZK
Open High Low HUFCZK Price Change
0.07590592 0.07608186 0.07402818 0.07584181 -0.00006400
Entry Signal

MarketClub’s Trade Triangles for HUFCZK

long term up The long-term trend has been UP since Mar 15th, 2020 at 0.07779629

intermediate term down The intermediate-term trend has been DOWN since Apr 1st, 2020 at 0.07527046

short term down The short-term trend has been DOWN since Mar 25th, 2020 at 0.07694219

Smart Scan Analysis for HUFCZK

Based on our trend formula, HUFCZK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for HUFCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.07590592 0.07608186 0.07402818 0.07584181 -0.00006400
Prev. Close Volume Bid Ask Time
0.07590592 0.07560637 0.07607724 2020-04-01 13:20:24
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