Free Daily Analysis

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.

FOREX_HUFHKD
Open High Low HUFHKD Price Change
0.02461048 0.02490965 0.02460419 0.02483028 +0.00022000
Entry Signal

MarketClub’s Trade Triangles for HUFHKD

long term down The long-term trend has been DOWN since Mar 17th, 2020 at 0.02479610

intermediate term up The intermediate-term trend has been UP since Apr 14th, 2020 at 0.02425297

short term up 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).

+70
Smart Scan Analysis for HUFHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02461048 0.02490965 0.02460419 0.02483028 +0.00022000
Prev. Close Volume Bid Ask Time
0.02461048 0.02473717 0.02492339 2020-05-29 17:08:10
Get a free daily analysis and signals for Hungarian Forint/Hong Kong Dollar (HUFHKD) - Request Your Free Report.