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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Hungarian Forint/New Zealand Dollar (FOREX:HUFNZD)

Countertrend Down (-85) - HUFNZD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

FOREX_HUFNZD
Open High Low HUFNZD Price Change
0.00458312 0.00459396 0.00454480 0.00455236 -0.00003100
Entry Signal

MarketClub’s Trade Triangles for HUFNZD

long term down The long-term trend has been DOWN since Sep 18th, 2020 at 0.00484430

intermediate term down The intermediate-term trend has been DOWN since Dec 27th, 2020 at 0.00470155

short term up The short-term trend has been UP since Feb 28th, 2021 at 0.00461393

Smart Scan Analysis for HUFNZD

Based on our trend formula, HUFNZD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for HUFNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00458312 0.00459396 0.00454480 0.00455236 -0.00003100
Prev. Close Volume Bid Ask Time
0.00458312 2021-03-01 11:34:12
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