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Forex Trend Analysis Report

Prepared for you on Sunday, December 8, 2024.

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
0.06074852 0.06085805 0.06054087 0.06061374 -0.00013500
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 Aug 2nd, 2024 at 0.06355128

short term up The short-term trend has been UP since Dec 5th, 2024 at 0.06103956

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
0.06074852 0.06085805 0.06054087 0.06061374 -0.00013500
Prev. Close Volume Bid Ask Time
0.06074852 2024-12-06 16:54:23
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