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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Hungarian Forint/Canadian Dollar (FOREX:HUFCAD)
Crossroads (-60) - HUFCAD 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 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 UP since Feb 25th, 2025 at 0.00372672
The intermediate-term trend has been DOWN since Apr 6th, 2025 at 0.00382153
The short-term trend has been DOWN since May 8th, 2025 at 0.00385304
Smart Scan Analysis for HUFCAD
Based on our trend formula, HUFCAD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00385218 | 0.00387257 | 0.00384254 | 0.00386961 | +0.00001700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00385218 | 2025-05-09 05:07:30 |