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.
MarketClub’s Trade Triangles for HUFPLN
The long-term trend has been UP since Jan 1st, 2023 at 0.01177874
The intermediate-term trend has been DOWN since Mar 8th, 2023 at 0.01231088
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).