Forex Trend Analysis Report
Prepared for you on Monday, November 23, 2020.
Hungarian Forint/Croatian Kuna (FOREX:HUFHRK)
Bear Market Rally (-75) - HUFHRK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HUFHRK as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid HUFHRK?
MarketClub looks at technical strength and momentum to determine if the timing is right for HUFHRK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HUFHRK
The long-term trend has been DOWN since Aug 21st, 2020 at 0.02154504
The intermediate-term trend has been UP since Nov 9th, 2020 at 0.02112291
The short-term trend has been DOWN since Nov 23rd, 2020 at 0.02091195
Smart Scan Analysis for HUFHRK
Based on our trend formula, HUFHRK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).