Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Hungarian Forint/Polish New Zloty (FOREX:HUFPLN)

Bear Market Rally (-75) - HUFPLN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HUFPLN as it may be in the beginning of a reversal.

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.

Open	High	Low	HUFPLN Price	Change
0.01099596	0.01102473	0.01092116	0.01093011	-0.00006600
Entry Signal

MarketClub’s Trade Triangles for HUFPLN

The long-term trend has been DOWN since Jan 29th, 2024 at 0.01122854

The intermediate-term trend has been UP since Apr 3rd, 2024 at 0.01097117

The short-term trend has been DOWN since Apr 19th, 2024 at 0.01092285

Smart Scan Analysis for HUFPLN

Based on our trend formula, HUFPLN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.01099596	0.01102473	0.01092116	0.01093011	-0.00006600
Prev. Close	Volume	Bid	Ask	Time
0.01099596				2024-04-19 16:59:52

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