Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Hungarian Forint/Canadian Dollar (FOREX:HUFCAD)
Sidelines Mode (-55) - HUFCAD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
|
|||||||||||||||
|
|||||||||||||||
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 UP since Jul 11th, 2024 at 0.00377239
The short-term trend has been DOWN since Jul 24th, 2024 at 0.00381125
Smart Scan Analysis for HUFCAD
Based on our trend formula, HUFCAD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00382326 | 0.00384955 | 0.00381800 | 0.00383809 | +0.00001500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00382326 | 2024-07-26 17:03:32 |