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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2024.

Hungarian Forint/Czech Koruna (FOREX:HUFCZK)

Weak Downtrend (-65) - HUFCZK is showing signs of a strengthening downtrend. Monitor HUFCZK as it may be building momentum to the downside.

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
0.06399068 0.06428039 0.06396263 0.06414371 +0.00015300
Entry Signal

MarketClub’s Trade Triangles for HUFCZK

long term down The long-term trend has been DOWN since Mar 12th, 2024 at 0.06347131

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 0.06389705

short term up The short-term trend has been UP since May 20th, 2024 at 0.06413916

Smart Scan Analysis for HUFCZK

Based on our trend formula, HUFCZK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for HUFCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06399068 0.06428039 0.06396263 0.06414371 +0.00015300
Prev. Close Volume Bid Ask Time
0.06399068 2024-05-24 16:58:49
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