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Forex Trend Analysis Report

Prepared for you on Monday, February 10, 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.

FOREX_HUFCAD
Open High Low HUFCAD Price Change
0.00364739 0.00367022 0.00364297 0.00364816 +0.00000100
Entry Signal

MarketClub’s Trade Triangles for HUFCAD

long term down The long-term trend has been DOWN since Jun 21st, 2024 at 0.00367891

intermediate term up The intermediate-term trend has been UP since Jan 20th, 2025 at 0.00365861

short term up The short-term trend has been UP since Feb 7th, 2025 at 0.00367570

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).

-60
Smart Scan Analysis for HUFCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00364739 0.00367022 0.00364297 0.00364816 +0.00000100
Prev. Close Volume Bid Ask Time
0.00364739 2025-02-10 21:42:32
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