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Forex Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

Canadian Dollar/Hungarian Forint (FOREX:CADHUF)

Long-Term Uptrend (+90) - CADHUF is in a strong uptrend that is likely to continue. While CADHUF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
250.82 252.57 250.61 251.61 +0.79
Entry Signal

MarketClub’s Trade Triangles for CADHUF

long term up The long-term trend has been UP since Sep 30th, 2021 at 244.66347

intermediate term up The intermediate-term trend has been UP since Sep 17th, 2021 at 236.08526

short term up The short-term trend has been UP since Oct 15th, 2021 at 251.15214

Smart Scan Analysis for CADHUF

Based on our trend formula, CADHUF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CADHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
250.82 252.57 250.61 251.61 +0.79
Prev. Close Volume Bid Ask Time
250.82 2021-10-18 22:18:40
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