Future Trend Analysis Report
Prepared for you on Monday, September 25, 2023.
EURO/HUNGARIAN FORINT SEPTEMBER 2023 (ICE:@HRE.U23)
Sidelines Mode (+55) - @HRE.U23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid @HRE.U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for @HRE.U23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @HRE.U23
The long-term trend has been UP since Aug 3rd, 2023 at 394.88
The intermediate-term trend has been UP since Sep 6th, 2023 at 390.41
The short-term trend has been DOWN since Sep 11th, 2023 at 386.13
Smart Scan Analysis for @HRE.U23
Based on our trend formula, @HRE.U23 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||398.72||52wk High Date||2023-08-03|
|52wk Low||377.55||52wk Low Date||2023-06-27|