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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
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 DOWN since Mar 7th, 2024 at 0.00371528
The intermediate-term trend has been UP since Apr 5th, 2024 at 0.00375743
The short-term trend has been UP since Apr 24th, 2024 at 0.00372360
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 |
|---|---|---|---|---|
| 0.00372240 | 0.00374204 | 0.00371636 | 0.00373053 | +0.00000800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00372240 | 2024-04-25 16:54:52 |