Forex Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
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.
MarketClub’s Trade Triangles for HUFEUR
The long-term trend has been DOWN since Mar 4th, 2021 at 0.00273678
The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 0.00278044
The short-term trend has been DOWN since Feb 17th, 2021 at 0.00278265
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).