Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

Hungarian Forint/US Dollar (FOREX:HUFUSD)

Strong Uptrend (+100) - HUFUSD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HUFUSD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

FOREX_HUFUSD
Open High Low HUFUSD Price Change
0.00339873 0.00340359 0.00338533 0.00339441 -0.00000400
Entry Signal

MarketClub’s Trade Triangles for HUFUSD

long term up The long-term trend has been UP since Jul 22nd, 2020 at 0.00332675

intermediate term up The intermediate-term trend has been UP since Nov 8th, 2020 at 0.00331982

short term up The short-term trend has been UP since Nov 25th, 2020 at 0.00330632

Smart Scan Analysis for HUFUSD

Based on our trend formula, HUFUSD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for HUFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00339873 0.00340359 0.00338533 0.00339441 -0.00000400
Prev. Close Volume Bid Ask Time
0.00339873 2020-12-04 09:43:19
Get a free daily analysis and signals for Hungarian Forint/US Dollar (HUFUSD) - Request Your Free Report.