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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Hungarian Forint/Hong Kong Dollar (FOREX:HUFHKD)
Countertrend Down (-85) - HUFHKD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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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 DOWN since Dec 18th, 2024 at 0.01961518
The short-term trend has been UP since Dec 24th, 2024 at 0.01962989
Smart Scan Analysis for HUFHKD
Based on our trend formula, HUFHKD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01963871 | 0.01970153 | 0.01961512 | 0.01964045 | +0.00000200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01963871 | 2024-12-26 10:14:38 |