Forex Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
Czech Koruna/Hungarian Forint (FOREX:CZKHUF)
Weak Downtrend (-65) - CZKHUF is showing signs of a strengthening downtrend. Monitor CZKHUF as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CZKHUF?
MarketClub looks at technical strength and momentum to determine if the timing is right for CZKHUF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CZKHUF
The long-term trend has been UP since Jul 26th, 2021 at 14.11370
The intermediate-term trend has been DOWN since Oct 28th, 2021 at 14.03435
The short-term trend has been DOWN since Oct 27th, 2021 at 14.15600
Smart Scan Analysis for CZKHUF
Based on our trend formula, CZKHUF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).