Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, March 20, 2023.

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
0.01181816 0.01193177 0.01171115 0.01192349 +0.00010500
Entry Signal

MarketClub’s Trade Triangles for HUFPLN

long term up The long-term trend has been UP since Jan 1st, 2023 at 0.01177874

intermediate term down The intermediate-term trend has been DOWN since Mar 8th, 2023 at 0.01231088

short term down The short-term trend has been DOWN since Mar 3rd, 2023 at 0.01240394

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
0.01181816 0.01193177 0.01171115 0.01192349 +0.00010500
Prev. Close Volume Bid Ask Time
0.01181816 2023-03-20 22:37:22
Get a free daily analysis and signals for Hungarian Forint/Polish New Zloty (HUFPLN) - Request Your Free Report.