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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Hungarian Forint/Canadian Dollar (FOREX:HUFCAD)

Strong Downtrend (-100) - HUFCAD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_HUFCAD
Open High Low HUFCAD Price Change
0.00423407 0.00424745 0.00422999 0.00423671 +0.00000300
Entry Signal

MarketClub’s Trade Triangles for HUFCAD

long term down The long-term trend has been DOWN since Sep 4th, 2020 at 0.00428435

intermediate term down The intermediate-term trend has been DOWN since Feb 16th, 2021 at 0.00427370

short term down The short-term trend has been DOWN since Feb 15th, 2021 at 0.00428367

Smart Scan Analysis for HUFCAD

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

-100
Smart Scan Analysis for HUFCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00423407 0.00424745 0.00422999 0.00423671 +0.00000300
Prev. Close Volume Bid Ask Time
0.00423407 2021-02-26 05:22:47
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