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Forex Trend Analysis Report

Prepared for you on Saturday, July 2, 2022.

Hungarian Forint/Polish New Zloty (FOREX:HUFPLN)

Crossroads (-60) - HUFPLN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid HUFPLN?

MarketClub looks at technical strength and momentum to determine if the timing is right for HUFPLN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_HUFPLN
Open High Low HUFPLN Price Change
0.01186963 0.01187864 0.01168083 0.01168083 -0.00018900
Entry Signal

MarketClub’s Trade Triangles for HUFPLN

long term down The long-term trend has been DOWN since Mar 7th, 2022 at 0.01239490

intermediate term up The intermediate-term trend has been UP since Jun 29th, 2022 at 0.01188972

short term up The short-term trend has been UP since Jun 28th, 2022 at 0.01177452

Smart Scan Analysis for HUFPLN

Based on our trend formula, HUFPLN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for HUFPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01186963 0.01187864 0.01168083 0.01168083 -0.00018900
Prev. Close Volume Bid Ask Time
0.01186963 2022-07-01 17:22:22
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