Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
New Zealand Dollar/Hungarian Forint (FOREX:NZDHUF)
Bull Market Weakness (+75) - NZDHUF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NZDHUF as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NZDHUF?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDHUF.
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 NZDHUF
The long-term trend has been UP since Sep 27th, 2023 at 220.844
The intermediate-term trend has been DOWN since Mar 15th, 2024 at 219.780
The short-term trend has been UP since Apr 9th, 2024 at 217.915
Smart Scan Analysis for NZDHUF
Based on our trend formula, NZDHUF is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 218.4900 | 219.1905 | 218.3950 | 218.8170 | +0.3270 |
| Prev. Close | Volume | Bid | Ask | Time |
| 218.4900 | 2024-04-16 03:59:56 |