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Forex Trend Analysis Report

Prepared for you on Saturday, September 18, 2021.

Hong Kong Dollar/Hungarian Forint (FOREX:HKDHUF)

Bull Market Weakness (+75) - HKDHUF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HKDHUF as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid HKDHUF?

MarketClub looks at technical strength and momentum to determine if the timing is right for HKDHUF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_HKDHUF
Open High Low HKDHUF Price Change
38.29400 38.70650 38.15435 38.67240 +0.37840
Entry Signal

MarketClub’s Trade Triangles for HKDHUF

long term down The long-term trend has been DOWN since May 10th, 2021 at 37.8458

intermediate term up The intermediate-term trend has been UP since Sep 17th, 2021 at 38.6196

short term up The short-term trend has been UP since Sep 16th, 2021 at 38.2426

Smart Scan Analysis for HKDHUF

Based on our trend formula, HKDHUF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for HKDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
38.29400 38.70650 38.15435 38.67240 +0.37840
Prev. Close Volume Bid Ask Time
38.29400 2021-09-17 17:01:16
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