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Forex Trend Analysis Report

Prepared for you on Saturday, June 19, 2021.

Hungarian Forint/US Dollar (FOREX:HUFUSD)

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

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

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

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

FOREX_HUFUSD
Open High Low HUFUSD Price Change
0.00335111 0.00336328 0.00332607 0.00333278 -0.00001800
Entry Signal

MarketClub’s Trade Triangles for HUFUSD

long term up The long-term trend has been UP since May 14th, 2021 at 0.00340932

intermediate term down The intermediate-term trend has been DOWN since Jun 14th, 2021 at 0.00347118

short term down The short-term trend has been DOWN since Jun 11th, 2021 at 0.00348876

Smart Scan Analysis for HUFUSD

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

-70
Smart Scan Analysis for HUFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00335111 0.00336328 0.00332607 0.00333278 -0.00001800
Prev. Close Volume Bid Ask Time
0.00335111 2021-06-18 17:08:55
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