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Forex Trend Analysis Report

Prepared for you on Saturday, June 10, 2023.

Swiss Franc/Hungarian Forint (FOREX:CHFHUF)

Strong Downtrend (-100) - CHFHUF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CHFHUF continues to fall. Traders should use caution and set stops.

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.

FOREX_CHFHUF
Open High Low CHFHUF Price Change
379.20187 379.20187 379.20187 379.20187 0.00000
Entry Signal

MarketClub’s Trade Triangles for CHFHUF

long term down The long-term trend has been DOWN since Jan 1st, 2023 at 402.34592

intermediate term down The intermediate-term trend has been DOWN since Jun 4th, 2023 at 377.93254

short term down The short-term trend has been DOWN since Jun 8th, 2023 at 378.30100

Smart Scan Analysis for CHFHUF

Based on our trend formula, CHFHUF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for CHFHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
379.20187 379.20187 379.20187 379.20187 0.00000
Prev. Close Volume Bid Ask Time
379.20187 2023-06-10 02:41:12
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