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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Hungarian Forint/Singapore Dollar (FOREX:HUFSGD)
Bull Market Weakness (+75) - HUFSGD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HUFSGD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HUFSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for HUFSGD.
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 HUFSGD
The long-term trend has been DOWN since Feb 28th, 2024 at 0.00371054
The intermediate-term trend has been UP since May 6th, 2024 at 0.00374759
The short-term trend has been UP since Apr 23rd, 2024 at 0.00369150
Smart Scan Analysis for HUFSGD
Based on our trend formula, HUFSGD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00374715 | 0.00375127 | 0.00374304 | 0.00374839 | +0.00000100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00374715 | 2024-05-09 05:28:54 |