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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Canadian Dollar/Hungarian Forint (FOREX:CADHUF)

Strong Uptrend (+100) - CADHUF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CADHUF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid CADHUF?

MarketClub looks at technical strength and momentum to determine if the timing is right for CADHUF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CADHUF
Open High Low CADHUF Price Change
270.06907 270.13554 268.91539 269.32166 -0.74741
Entry Signal

MarketClub’s Trade Triangles for CADHUF

long term up The long-term trend has been UP since Mar 7th, 2024 at 269.16151

intermediate term up The intermediate-term trend has been UP since Jan 23rd, 2024 at 262.85608

short term up The short-term trend has been UP since Mar 19th, 2024 at 268.90769

Smart Scan Analysis for CADHUF

Based on our trend formula, CADHUF is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for CADHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
270.06907 270.13554 268.91539 269.32166 -0.74741
Prev. Close Volume Bid Ask Time
270.06907 2024-03-29 12:00:18
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