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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Hungarian Forint/Hong Kong Dollar (FOREX:HUFHKD)
Sidelines Mode (+55) - HUFHKD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for HUFHKD
The long-term trend has been DOWN since Oct 14th, 2024 at 0.02110721
The intermediate-term trend has been UP since Jan 20th, 2025 at 0.01973971
The short-term trend has been DOWN since Feb 18th, 2025 at 0.02018491
Smart Scan Analysis for HUFHKD
Based on our trend formula, HUFHKD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02028258 | 0.02028444 | 0.02006344 | 0.02016063 | -0.00012200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02028258 | 2025-02-21 17:03:00 |