Future Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
EURO/HUNGARIAN FORINT MARCH 2022 (ICE:@HRE.H22)
Long-Term Downtrend (-90) - @HRE.H22 is in a strong downtrend that is likely to continue. While @HRE.H22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @HRE.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @HRE.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @HRE.H22
The long-term trend has been DOWN since Jan 11th, 2022 at 360.180
The intermediate-term trend has been DOWN since Jan 3rd, 2022 at 370.140
The short-term trend has been DOWN since Jan 20th, 2022 at 357.525
Smart Scan Analysis for @HRE.H22
Based on our trend formula, @HRE.H22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||373.81||52wk High Date||2021-12-30|
|52wk Low||356.11||52wk Low Date||2022-01-14|