Forex Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
Hungarian Forint/Hong Kong Dollar (FOREX:HUFHKD)
Bull Market Weakness (+75) - HUFHKD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HUFHKD as it may be in the beginning stages of a reversal.
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 DOWN since Mar 17th, 2020 at 0.02479610
The intermediate-term trend has been UP since Apr 14th, 2020 at 0.02425297
The short-term trend has been UP since May 26th, 2020 at 0.02434949
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).