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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

Hungarian Forint/New Zealand Dollar (FOREX:HUFNZD)

Strong Downtrend (-100) - HUFNZD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution 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
0.00446410 0.00447276 0.00441788 0.00443296 -0.00003100
Entry Signal

MarketClub’s Trade Triangles for HUFNZD

long term down The long-term trend has been DOWN since Sep 23rd, 2021 at 0.00465739

intermediate term down The intermediate-term trend has been DOWN since Sep 9th, 2021 at 0.00474054

short term down The short-term trend has been DOWN since Oct 6th, 2021 at 0.00465882

Smart Scan Analysis for HUFNZD

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

-100
Smart Scan Analysis for HUFNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00446410 0.00447276 0.00441788 0.00443296 -0.00003100
Prev. Close Volume Bid Ask Time
0.00446410 2021-10-25 19:20:49
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