Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, June 7, 2023.

Hungarian Forint/Hong Kong Dollar (FOREX:HUFHKD)

Weak Uptrend (+65) - HUFHKD is showing signs of weakening momentum to the upside. Monitor 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.

FOREX_HUFHKD
Open High Low HUFHKD Price Change
0.02275419 0.02277384 0.02269319 0.02269896 -0.00005500
Entry Signal

MarketClub’s Trade Triangles for HUFHKD

long term up The long-term trend has been UP since Dec 13th, 2022 at 0.02028780

intermediate term down The intermediate-term trend has been DOWN since May 18th, 2023 at 0.02274309

short term up The short-term trend has been UP since Jun 1st, 2023 at 0.02272909

Smart Scan Analysis for HUFHKD

Based on our trend formula, HUFHKD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for HUFHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02275419 0.02277384 0.02269319 0.02269896 -0.00005500
Prev. Close Volume Bid Ask Time
0.02275419 2023-06-07 02:53:42
Get a free daily analysis and signals for Hungarian Forint/Hong Kong Dollar (HUFHKD) - Request Your Free Report.