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Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

Hungarian Forint/Czech Koruna (FOREX:HUFCZK)

Bear Market Rally (-75) - HUFCZK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HUFCZK as it may be in the beginning of a reversal.

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
0.06128354 0.06138735 0.06037650 0.06071354 -0.00057000
Entry Signal

MarketClub’s Trade Triangles for HUFCZK

long term down The long-term trend has been DOWN since Jul 26th, 2021 at 0.07085934

intermediate term up The intermediate-term trend has been UP since Jul 24th, 2022 at 0.06195202

short term down The short-term trend has been DOWN since Aug 16th, 2022 at 0.06113848

Smart Scan Analysis for HUFCZK

Based on our trend formula, HUFCZK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for HUFCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06128354 0.06138735 0.06037650 0.06071354 -0.00057000
Prev. Close Volume Bid Ask Time
0.06128354 2022-08-16 20:31:51
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