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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.

FOREX_HUFHKD
Open High Low HUFHKD Price Change
0.02601435 0.02615374 0.02580799 0.02583152 -0.00018300
Entry Signal

MarketClub’s Trade Triangles for HUFHKD

long term up The long-term trend has been UP since Jul 22nd, 2020 at 0.02577974

intermediate term down The intermediate-term trend has been DOWN since Dec 28th, 2020 at 0.02592686

short term down 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).

-70
Smart Scan Analysis for HUFHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02601435 0.02615374 0.02580799 0.02583152 -0.00018300
Prev. Close Volume Bid Ask Time
0.02601435 2021-02-26 17:09:57
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