Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Canadian Dollar/Hungarian Forint (FOREX:CADHUF)
Weak Downtrend (-65) - CADHUF is showing signs of a strengthening downtrend. Monitor CADHUF as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CADHUF?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADHUF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CADHUF
The long-term trend has been UP since Mar 7th, 2024 at 269.16151
The intermediate-term trend has been DOWN since Apr 5th, 2024 at 266.13967
The short-term trend has been DOWN since Apr 24th, 2024 at 268.56454
Smart Scan Analysis for CADHUF
Based on our trend formula, CADHUF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
263.53793 | 263.92745 | 263.25528 | 263.29141 | -0.24652 |
Prev. Close | Volume | Bid | Ask | Time |
263.53793 | 2024-05-09 07:03:00 |