Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, June 1, 2020.

Canadian Dollar/Hungarian Forint (FOREX:CADHUF)

Crossroads (-60) - CADHUF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
226.79500 228.48105 225.66313 228.18822 +1.39322
Entry Signal

MarketClub’s Trade Triangles for CADHUF

long term up The long-term trend has been UP since Apr 1st, 2020 at 236.82483

intermediate term down The intermediate-term trend has been DOWN since May 1st, 2020 at 227.38720

short term down The short-term trend has been DOWN since May 28th, 2020 at 229.43031

Smart Scan Analysis for CADHUF

Based on our trend formula, CADHUF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for CADHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
226.79500 228.48105 225.66313 228.18822 +1.39322
Prev. Close Volume Bid Ask Time
226.79500 228.14618 228.23026 2020-06-01 16:08:12
Get a free daily analysis and signals for Canadian Dollar/Hungarian Forint (CADHUF) - Request Your Free Report.