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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

Hungarian Forint/Polish New Zloty (FOREX:HUFPLN)

Weak Downtrend (-65) - HUFPLN is showing signs of a strengthening downtrend. Monitor HUFPLN as it may be building momentum to the downside.

Is it time to buy, sell, or avoid HUFPLN?

MarketClub looks at technical strength and momentum to determine if the timing is right for HUFPLN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_HUFPLN
Open High Low HUFPLN Price Change
0.01269712 0.01269985 0.01267135 0.01268406 -0.00001300
Entry Signal

MarketClub’s Trade Triangles for HUFPLN

long term up The long-term trend has been UP since Jan 19th, 2021 at 0.01268559

intermediate term down The intermediate-term trend has been DOWN since Sep 5th, 2021 at 0.01292149

short term down The short-term trend has been DOWN since Oct 6th, 2021 at 0.01274692

Smart Scan Analysis for HUFPLN

Based on our trend formula, HUFPLN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for HUFPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01269712 0.01269985 0.01267135 0.01268406 -0.00001300
Prev. Close Volume Bid Ask Time
0.01269712 2021-10-17 18:43:43
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