Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, March 24, 2023.
Hungarian Forint/Swiss Franc (FOREX:HUFCHF)
Bull Market Weakness (+75) - HUFCHF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HUFCHF as it may be in the beginning stages 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.
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MarketClub’s Trade Triangles for HUFCHF
The long-term trend has been UP since Jan 4th, 2023 at 0.00248600
The intermediate-term trend has been DOWN since Mar 13th, 2023 at 0.00254700
The short-term trend has been UP since Mar 20th, 2023 at 0.00251513
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00258382 | 0.00258630 | 0.00258200 | 0.00258500 | +0.00000100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00258382 | 2023-03-24 02:01:46 |