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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
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 Mar 1st, 2024 at 0.02149908
The intermediate-term trend has been UP since Jul 11th, 2024 at 0.02160240
The short-term trend has been DOWN since Jul 23rd, 2024 at 0.02171284
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 |
|---|---|---|---|---|
| 0.02160172 | 0.02174126 | 0.02157622 | 0.02166239 | +0.00006100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02160172 | 2024-07-26 17:00:05 |