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Forex Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

Hungarian Forint/Euro (FOREX:HUFEUR)

Strong Downtrend (-100) - HUFEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_HUFEUR
Open High Low HUFEUR Price Change
0.00280155 0.00280903 0.00278918 0.00279800 -0.00000400
Entry Signal

MarketClub’s Trade Triangles for HUFEUR

long term down The long-term trend has been DOWN since Apr 30th, 2019 at 0.00308700

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2020 at 0.00294973

short term down The short-term trend has been DOWN since Mar 12th, 2020 at 0.00295536

Smart Scan Analysis for HUFEUR

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

-100
Smart Scan Analysis for HUFEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00280155 0.00280903 0.00278918 0.00279800 -0.00000400
Prev. Close Volume Bid Ask Time
0.00280155 0.00279699 0.00279900 2020-03-30 05:47:11
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