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.
MarketClub’s Trade Triangles for HUFCHF
The long-term trend has been DOWN since Jul 8th, 2021 at 0.00302500
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 0.00307480
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).