Future Trend Analysis Report
Prepared for you on Sunday, May 28, 2023.
EURO/HUNGARIAN FORINT JUNE 2023 (ICE:@HRE.M23)
Strong Downtrend (-100) - @HRE.M23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, @HRE.M23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @HRE.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for @HRE.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @HRE.M23
The long-term trend has been DOWN since Nov 14th, 2022 at 433.165
The intermediate-term trend has been DOWN since Mar 29th, 2023 at 395.320
The short-term trend has been DOWN since May 24th, 2023 at 377.300
Smart Scan Analysis for @HRE.M23
Based on our trend formula, @HRE.M23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||413.31||52wk High Date||2023-03-16|
|52wk Low||373.29||52wk Low Date||2023-05-16|