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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Hungarian Forint/Polish New Zloty (FOREX:HUFPLN)
Strong Downtrend (-100) - HUFPLN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HUFPLN continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for HUFPLN
The long-term trend has been DOWN since Jan 29th, 2024 at 0.01122854
The intermediate-term trend has been DOWN since Oct 25th, 2024 at 0.01067545
The short-term trend has been DOWN since Nov 15th, 2024 at 0.01058106
Smart Scan Analysis for HUFPLN
Based on our trend formula, HUFPLN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01061304 | 0.01061957 | 0.01058165 | 0.01059366 | -0.00001900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01061304 | 2024-11-20 03:35:54 |