Forex Trend Analysis Report
Prepared for you on Monday, February 24, 2020.
Norwegian Krone/Hungarian Forint (FOREX:NOKHUF)
Weak Downtrend (-65) - NOKHUF is showing signs of a strengthening downtrend. Monitor NOKHUF as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NOKHUF?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOKHUF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOKHUF
The long-term trend has been UP since Jan 10th, 2020 at 33.85240
The intermediate-term trend has been DOWN since Jan 28th, 2020 at 33.37850
The short-term trend has been DOWN since Feb 24th, 2020 at 33.27245
Smart Scan Analysis for NOKHUF
Based on our trend formula, NOKHUF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).