Forex Trend Analysis Report
Prepared for you on Sunday, June 13, 2021.
Swiss Franc/Hungarian Forint (FOREX:CHFHUF)
Weak Downtrend (-65) - CHFHUF is showing signs of a strengthening downtrend. Monitor CHFHUF as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CHFHUF?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFHUF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CHFHUF
The long-term trend has been DOWN since Feb 23rd, 2021 at 327.11616
The intermediate-term trend has been DOWN since May 9th, 2021 at 325.92953
The short-term trend has been UP since Jun 8th, 2021 at 317.42071
Smart Scan Analysis for CHFHUF
Based on our trend formula, CHFHUF is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).