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Forex Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
Hungarian Forint/Singapore Dollar (FOREX:HUFSGD)
Long-Term Downtrend (-90) - HUFSGD is in a strong downtrend that is likely to continue. While HUFSGD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Apr 16th, 2024 at 0.00366617
The short-term trend has been DOWN since Apr 10th, 2024 at 0.00373483
Smart Scan Analysis for HUFSGD
Based on our trend formula, HUFSGD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00367810 | 0.00368295 | 0.00366077 | 0.00366923 | -0.00000900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00367810 | 2024-04-16 19:35:45 |