Forex Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
Swiss Franc/Hungarian Forint (FOREX:CHFHUF)
Strong Uptrend (+100) - CHFHUF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CHFHUF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Jul 8th, 2021 at 330.56616
The intermediate-term trend has been UP since Sep 20th, 2021 at 325.19968
The short-term trend has been UP since Oct 15th, 2021 at 336.87181
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).