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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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, HUFNZD 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.
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MarketClub’s Trade Triangles for HUFNZD
The long-term trend has been DOWN since Oct 2nd, 2024 at 0.00440174
The intermediate-term trend has been DOWN since Sep 24th, 2024 at 0.00447061
The short-term trend has been DOWN since Nov 19th, 2024 at 0.00438660
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00438968 | 0.00440010 | 0.00438069 | 0.00438259 | -0.00000700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00438968 | 2024-11-20 03:42:47 |