Forex Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
Hungarian Forint/Hong Kong Dollar (FOREX:HUFHKD)
Long-Term Downtrend (-90) - HUFHKD is in a strong downtrend that is likely to continue. While HUFHKD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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 Mar 1st, 2024 at 0.02149908
The intermediate-term trend has been DOWN since Jan 17th, 2024 at 0.02234965
The short-term trend has been DOWN since Mar 27th, 2024 at 0.02141607
Smart Scan Analysis for HUFHKD
Based on our trend formula, HUFHKD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.02139639 | 0.02141804 | 0.02138855 | 0.02140537 | +0.00000900 |
Prev. Close | Volume | Bid | Ask | Time |
0.02139639 | 2024-03-29 04:32:42 |