Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
Hungarian Forint/Hong Kong Dollar (FOREX:HUFHKD)
Bull Market Weakness (+75) - HUFHKD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HUFHKD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HUFHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for HUFHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for HUFHKD
The long-term trend has been DOWN since Oct 14th, 2024 at 0.02110721
The intermediate-term trend has been UP since Jan 20th, 2025 at 0.01973971
The short-term trend has been UP since Feb 5th, 2025 at 0.01987942
Smart Scan Analysis for HUFHKD
Based on our trend formula, HUFHKD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01985270 | 0.01988293 | 0.01984475 | 0.01986966 | +0.00001700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01985270 | 2025-02-05 01:59:48 |