Forex Trend Analysis Report
Prepared for you on Tuesday, December 1, 2020.
Hungarian Forint/Hong Kong Dollar (FOREX:HUFHKD)
Strong Uptrend (+100) - HUFHKD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HUFHKD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Jul 22nd, 2020 at 0.02577974
The intermediate-term trend has been UP since Nov 8th, 2020 at 0.02573461
The short-term trend has been UP since Nov 25th, 2020 at 0.02562573
Smart Scan Analysis for HUFHKD
Based on our trend formula, HUFHKD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).