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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Hungarian Forint/Polish New Zloty (FOREX:HUFPLN)

Crossroads (-60) - HUFPLN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.01245957 0.01248064 0.01243839 0.01247209 +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 Feb 7th, 2021 at 0.01255768

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 0.01247996

Smart Scan Analysis for HUFPLN

Based on our trend formula, HUFPLN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for HUFPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01245957 0.01248064 0.01243839 0.01247209 +0.00001300
Prev. Close Volume Bid Ask Time
0.01245957 2021-03-01 06:13:00
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