Future Trend Analysis Report
Prepared for you on Friday, December 1, 2023.
EURO/HUNGARIAN FORINT DECEMBER 2023 (ICE:@HRE.Z23)
Countertrend Down (-85) - @HRE.Z23 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid @HRE.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for @HRE.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @HRE.Z23
The long-term trend has been DOWN since Oct 20th, 2023 at 388.59
The intermediate-term trend has been DOWN since Oct 18th, 2023 at 391.22
The short-term trend has been UP since Nov 30th, 2023 at 381.16
Smart Scan Analysis for @HRE.Z23
Based on our trend formula, @HRE.Z23 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||399.61||52wk High Date||2023-09-07|
|52wk Low||378.27||52wk Low Date||2023-11-29|