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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Hungarian Forint/New Zealand Dollar (FOREX:HUFNZD)
Sidelines Mode (-55) - HUFNZD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for HUFNZD
The long-term trend has been DOWN since Sep 27th, 2023 at 0.00452811
The intermediate-term trend has been DOWN since Apr 14th, 2024 at 0.00454414
The short-term trend has been UP since Apr 17th, 2024 at 0.00458756
Smart Scan Analysis for HUFNZD
Based on our trend formula, HUFNZD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00458078 | 0.00459990 | 0.00456458 | 0.00458661 | +0.00000600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00458078 | 2024-04-26 11:38:44 |