Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
Hungarian Forint/Canadian Dollar (FOREX:HUFCAD)
Long-Term Uptrend (+90) - HUFCAD is in a strong uptrend that is likely to continue. While HUFCAD 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 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for HUFCAD
The long-term trend has been UP since Nov 7th, 2022 at 0.00336411
The intermediate-term trend has been UP since Mar 29th, 2023 at 0.00389352
The short-term trend has been UP since Mar 21st, 2023 at 0.00371894
Smart Scan Analysis for HUFCAD
Based on our trend formula, HUFCAD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00386254 | 0.00389847 | 0.00385131 | 0.00387661 | +0.00001400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00386254 | 2023-03-30 23:24:26 |