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Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Hungarian Forint/US Dollar (FOREX:HUFUSD)
Weak Downtrend (-65) - HUFUSD is showing signs of a strengthening downtrend. Monitor HUFUSD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid HUFUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for HUFUSD.
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 HUFUSD
The long-term trend has been UP since Jul 22nd, 2020 at 0.00332675
The intermediate-term trend has been DOWN since Dec 28th, 2020 at 0.00334461
The short-term trend has been DOWN since Feb 25th, 2021 at 0.00336203
Smart Scan Analysis for HUFUSD
Based on our trend formula, HUFUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00335415 | 0.00337204 | 0.00332764 | 0.00333134 | -0.00002300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00335415 | 2021-02-26 17:12:08 |