Forex Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
Hungarian Forint/Croatian Kuna (FOREX:HUFHRK)
Sidelines Mode (+50) - HUFHRK is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until HUFHRK can gain momentum.
Is it time to buy, sell, or avoid HUFHRK?
MarketClub looks at technical strength and momentum to determine if the timing is right for HUFHRK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HUFHRK
The long-term trend has been DOWN since Aug 21st, 2020 at 0.02154504
The intermediate-term trend has been UP since Nov 9th, 2020 at 0.02112291
The short-term trend has been UP since Nov 27th, 2020 at 0.02097965
Smart Scan Analysis for HUFHRK
Based on our trend formula, HUFHRK is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).