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Forex Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
Hungarian Forint/Czech Koruna (FOREX:HUFCZK)
Long-Term Downtrend (-90) - HUFCZK is in a strong downtrend that is likely to continue. While HUFCZK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for HUFCZK
The long-term trend has been DOWN since Mar 12th, 2024 at 0.06347131
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 0.06389705
The short-term trend has been DOWN since Apr 12th, 2024 at 0.06485008
Smart Scan Analysis for HUFCZK
Based on our trend formula, HUFCZK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.06389412 | 0.06414778 | 0.06387160 | 0.06403357 | +0.00013900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.06389412 | 2024-04-19 17:02:13 |