Forex Trend Analysis Report
Prepared for you on Monday, October 14, 2024.
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 Aug 21st, 2024 at 0.00284382
The intermediate-term trend has been DOWN since Sep 9th, 2024 at 0.00278768
The short-term trend has been DOWN since Oct 10th, 2024 at 0.00272434
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 |
---|---|---|---|---|
0.00272075 | 0.00273268 | 0.00271883 | 0.00272346 | +0.00000300 |
Prev. Close | Volume | Bid | Ask | Time |
0.00272075 | 2024-10-14 08:16:10 |