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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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, HUFCAD 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.
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MarketClub’s Trade Triangles for HUFCAD
The long-term trend has been DOWN since Jun 21st, 2024 at 0.00367891
The intermediate-term trend has been DOWN since Oct 1st, 2024 at 0.00376373
The short-term trend has been DOWN since Nov 19th, 2024 at 0.00362526
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00362018 | 0.00362502 | 0.00360449 | 0.00360769 | -0.00001300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00362018 | 2024-11-20 03:30:30 |