Future Trend Analysis Report
Prepared for you on Friday, September 25, 2020.
EURO/HUNGARIAN FORINT DECEMBER 2020 (ICE:@HRE.Z20)
Long-Term Uptrend (+90) - @HRE.Z20 is in a strong uptrend that is likely to continue. While @HRE.Z20 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid @HRE.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @HRE.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @HRE.Z20
The long-term trend has been UP since Jan 9th, 2020 at 334.045
The intermediate-term trend has been UP since Aug 17th, 2020 at 347.995
The short-term trend has been UP since Sep 17th, 2020 at 358.510
Smart Scan Analysis for @HRE.Z20
Based on our trend formula, @HRE.Z20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||366.19||52wk High Date||2020-09-23|
|52wk Low||357.71||52wk Low Date||2020-09-09|