Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

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, SHORTSYMBOL 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.

FOREX_HUFPLN
Open High Low HUFPLN Price Change
0.01287624 0.01291428 0.01279249 0.01281768 -0.00005900
Entry Signal

MarketClub’s Trade Triangles for HUFPLN

long term down The long-term trend has been DOWN since Jan 10th, 2020 at 0.01272998

intermediate term down The intermediate-term trend has been DOWN since May 25th, 2020 at 0.01280697

short term down The short-term trend has been DOWN since May 22nd, 2020 at 0.01290255

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).

-100
Smart Scan Analysis for HUFPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01287624 0.01291428 0.01279249 0.01281768 -0.00005900
Prev. Close Volume Bid Ask Time
0.01287624 0.01280975 0.01282561 2020-05-25 21:21:05
Get a free daily analysis and signals for Hungarian Forint/Polish New Zloty (HUFPLN) - Request Your Free Report.