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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Hungarian Forint/Euro (FOREX:HUFEUR)
Strong Downtrend (-100) - HUFEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HUFEUR continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for HUFEUR
The long-term trend has been DOWN since Feb 27th, 2024 at 0.00256059
The intermediate-term trend has been DOWN since Aug 1st, 2024 at 0.00252194
The short-term trend has been DOWN since Nov 18th, 2024 at 0.00244507
Smart Scan Analysis for HUFEUR
Based on our trend formula, HUFEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00244874 | 0.00245210 | 0.00244246 | 0.00244270 | -0.00000600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00244874 | 2024-11-20 03:40:37 |