Forex Trend Analysis Report
Prepared for you on Tuesday, March 9, 2021.
Hungarian Forint/Polish New Zloty (FOREX:HUFPLN)
Bull Market Weakness (+75) - HUFPLN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HUFPLN as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for HUFPLN
The long-term trend has been UP since Jan 19th, 2021 at 0.01268559
The intermediate-term trend has been DOWN since Feb 7th, 2021 at 0.01255768
The short-term trend has been UP since Mar 4th, 2021 at 0.01250625
Smart Scan Analysis for HUFPLN
Based on our trend formula, HUFPLN is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).