Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
Hungarian Forint/Euro (FOREX:HUFEUR)
Bull Market Weakness (+75) - HUFEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HUFEUR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HUFEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for HUFEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HUFEUR
The long-term trend has been UP since Jan 4th, 2023 at 0.00251064
The intermediate-term trend has been DOWN since Mar 13th, 2023 at 0.00259270
The short-term trend has been UP since Mar 21st, 2023 at 0.00254867
Smart Scan Analysis for HUFEUR
Based on our trend formula, HUFEUR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).