Forex Trend Analysis Report
Prepared for you on Monday, August 3, 2020.
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 Mar 15th, 2020 at 0.07779629
The intermediate-term trend has been UP since Jul 22nd, 2020 at 0.07586085
The short-term trend has been UP since Jul 30th, 2020 at 0.07603736
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).