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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

Hungarian Forint/Czech Koruna (FOREX:HUFCZK)

Long-Term Downtrend (-90) - HUFCZK is in a strong downtrend that is likely to continue. While HUFCZK is showing intraday strength, it remains in the confines of a bearish trend. 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
0.07042051 0.07061081 0.07016374 0.07037828 -0.00004200
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 down The intermediate-term trend has been DOWN since Sep 16th, 2021 at 0.07211633

short term down The short-term trend has been DOWN since Oct 20th, 2021 at 0.07027268

Smart Scan Analysis for HUFCZK

Based on our trend formula, HUFCZK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for HUFCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.07042051 0.07061081 0.07016374 0.07037828 -0.00004200
Prev. Close Volume Bid Ask Time
0.07042051 2021-10-25 18:37:14
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