Forex Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
Hungarian Forint/Hong Kong Dollar (FOREX:HUFHKD)
Weak Downtrend (-65) - HUFHKD is showing signs of a strengthening downtrend. Monitor HUFHKD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid HUFHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for HUFHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HUFHKD
The long-term trend has been UP since Jul 22nd, 2020 at 0.02577974
The intermediate-term trend has been DOWN since Dec 28th, 2020 at 0.02592686
The short-term trend has been DOWN since Feb 25th, 2021 at 0.02607812
Smart Scan Analysis for HUFHKD
Based on our trend formula, HUFHKD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).