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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Hungarian Forint/Czech Koruna (FOREX:HUFCZK)

Strong Downtrend (-100) - HUFCZK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HUFCZK continues to fall. Traders should use caution and set stops.

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
0.06398177 0.06421253 0.06390513 0.06392390 -0.00005800
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 down The short-term trend has been DOWN since Apr 25th, 2024 at 0.06394296

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).

-100
Smart Scan Analysis for HUFCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06398177 0.06421253 0.06390513 0.06392390 -0.00005800
Prev. Close Volume Bid Ask Time
0.06398177 2024-04-26 17:03:20
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