Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Hungarian Forint/British Pound (FOREX:HUFGBP)

Bull Market Weakness (+75) - HUFGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HUFGBP as it may be in the beginning stages of a reversal.

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
0.00258327 0.00258583 0.00256083 0.00256493 -0.00001800
Entry Signal

MarketClub’s Trade Triangles for HUFGBP

long term up The long-term trend has been UP since Apr 26th, 2020 at 0.00268732

intermediate term up The intermediate-term trend has been UP since Apr 26th, 2020 at 0.00250473

short term down The short-term trend has been DOWN since Jun 2nd, 2020 at 0.00257058

Smart Scan Analysis for HUFGBP

Based on our trend formula, HUFGBP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for HUFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00258327 0.00258583 0.00256083 0.00256493 -0.00001800
Prev. Close Volume Bid Ask Time
0.00258327 0.00255800 0.00257186 2020-06-02 03:30:19
Get a free daily analysis and signals for Hungarian Forint/British Pound (HUFGBP) - Request Your Free Report.