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Forex Trend Analysis Report

Prepared for you on Wednesday, December 1, 2021.

Hungarian Forint/Swiss Franc (FOREX:HUFCHF)

Bear Market Rally (-75) - HUFCHF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HUFCHF as it may be in the beginning of a reversal.

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

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

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

FOREX_HUFCHF
Open High Low HUFCHF Price Change
0.00285967 0.00286464 0.00285850 0.00286464 +0.00000500
Entry Signal

MarketClub’s Trade Triangles for HUFCHF

long term down The long-term trend has been DOWN since Jul 8th, 2021 at 0.00302500

intermediate term down The intermediate-term trend has been DOWN since Sep 20th, 2021 at 0.00307480

short term up The short-term trend has been UP since Nov 24th, 2021 at 0.00285688

Smart Scan Analysis for HUFCHF

Based on our trend formula, HUFCHF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for HUFCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00285967 0.00286464 0.00285850 0.00286464 +0.00000500
Prev. Close Volume Bid Ask Time
0.00285967 2021-12-01 01:25:00
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