Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Hungarian Forint/New Zealand Dollar (FOREX:HUFNZD)
Bull Market Weakness (+75) - HUFNZD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HUFNZD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HUFNZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for HUFNZD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for HUFNZD
The long-term trend has been UP since May 1st, 2024 at 0.00464419
The intermediate-term trend has been UP since Apr 30th, 2024 at 0.00463687
The short-term trend has been DOWN since May 3rd, 2024 at 0.00459435
Smart Scan Analysis for HUFNZD
Based on our trend formula, HUFNZD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00460490 | 0.00461211 | 0.00459852 | 0.00460623 | +0.00000100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00460490 | 2024-05-09 06:00:18 |