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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Hungarian Forint/British Pound (FOREX:HUFGBP)

Weak Downtrend (-65) - HUFGBP is showing signs of a strengthening downtrend. Monitor HUFGBP as it may be building momentum to the downside.

Is it time to buy, sell, or avoid HUFGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for HUFGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_HUFGBP
Open High Low HUFGBP Price Change
0.00208977 0.00209767 0.00208506 0.00209270 +0.00000300
Entry Signal

MarketClub’s Trade Triangles for HUFGBP

long term up The long-term trend has been UP since Mar 5th, 2025 at 0.00210555

intermediate term down The intermediate-term trend has been DOWN since May 8th, 2025 at 0.00208639

short term down The short-term trend has been DOWN since May 6th, 2025 at 0.00210067

Smart Scan Analysis for HUFGBP

Based on our trend formula, HUFGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for HUFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00208977 0.00209767 0.00208506 0.00209270 +0.00000300
Prev. Close Volume Bid Ask Time
0.00208977 2025-05-09 08:48:48
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