Forex Trend Analysis Report
Prepared for you on Thursday, April 15, 2021.
Hungarian Forint/Czech Koruna (FOREX:HUFCZK)
Sidelines Mode (+50) - HUFCZK is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until HUFCZK can gain momentum.
Is it time to buy, sell, or avoid HUFCZK?
MarketClub looks at technical strength and momentum to determine if the timing is right for HUFCZK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HUFCZK
The long-term trend has been DOWN since Aug 17th, 2020 at 0.07489025
The intermediate-term trend has been UP since Mar 29th, 2021 at 0.07207399
The short-term trend has been UP since Apr 9th, 2021 at 0.07234732
Smart Scan Analysis for HUFCZK
Based on our trend formula, HUFCZK is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).