Forex Trend Analysis Report

Prepared for you on Sunday, September 15, 2024.

Hungarian Forint/Hong Kong Dollar (FOREX:HUFHKD)

Sidelines Mode (-55) - HUFHKD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

Open	High	Low	HUFHKD Price	Change
0.02186877	0.02191616	0.02183357	0.02188075	+0.00001200
Entry Signal

MarketClub’s Trade Triangles for HUFHKD

The long-term trend has been UP since Aug 25th, 2024 at 0.02220840

The intermediate-term trend has been DOWN since Sep 9th, 2024 at 0.02173805

The short-term trend has been UP since Sep 13th, 2024 at 0.02188253

Smart Scan Analysis for HUFHKD

Based on our trend formula, HUFHKD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.02186877	0.02191616	0.02183357	0.02188075	+0.00001200
Prev. Close	Volume	Bid	Ask	Time
0.02186877				2024-09-13 17:05:48

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