Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
Hungarian Forint/New Zealand Dollar (FOREX:HUFNZD)
Long-Term Uptrend (+90) - HUFNZD is in a strong uptrend that is likely to continue. While HUFNZD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid HUFNZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for HUFNZD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for HUFNZD
The long-term trend has been UP since May 1st, 2024 at 0.00464419
The intermediate-term trend has been UP since Apr 30th, 2024 at 0.00463687
The short-term trend has been UP since May 10th, 2024 at 0.00461925
Smart Scan Analysis for HUFNZD
Based on our trend formula, HUFNZD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00461130 | 0.00462718 | 0.00460553 | 0.00461365 | +0.00000200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00461130 | 2024-05-10 17:54:53 |