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.
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 DOWN since Apr 1st, 2020 at 0.07527046
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).