Future Trend Analysis Report
Prepared for you on Friday, December 1, 2023.
US $/HUNGARIAN FORINT DECEMBER 2023 (ICE:@VU.Z23)
Bear Market Rally (-75) - @VU.Z23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on @VU.Z23 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid @VU.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for @VU.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @VU.Z23
The long-term trend has been DOWN since Nov 14th, 2023 at 353.88
The intermediate-term trend has been DOWN since Nov 2nd, 2023 at 361.25
The short-term trend has been UP since Nov 22nd, 2023 at 348.74
Smart Scan Analysis for @VU.Z23
Based on our trend formula, @VU.Z23 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||378.38||52wk High Date||2023-09-28|
|52wk Low||347.54||52wk Low Date||2023-11-21|