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Forex Trend Analysis Report

Prepared for you on Friday, April 12, 2024.

Hungarian Forint/New Zealand Dollar (FOREX:HUFNZD)

Weak Downtrend (-65) - HUFNZD is showing signs of a strengthening downtrend. Monitor HUFNZD as it may be building momentum to the downside.

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
0.00458362 0.00458845 0.00454913 0.00455852 -0.00002500
Entry Signal

MarketClub’s Trade Triangles for HUFNZD

long term down The long-term trend has been DOWN since Sep 27th, 2023 at 0.00452811

intermediate term up The intermediate-term trend has been UP since Mar 15th, 2024 at 0.00455191

short term down The short-term trend has been DOWN since Apr 9th, 2024 at 0.00458816

Smart Scan Analysis for HUFNZD

Based on our trend formula, HUFNZD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for HUFNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00458362 0.00458845 0.00454913 0.00455852 -0.00002500
Prev. Close Volume Bid Ask Time
0.00458362 2024-04-12 10:14:38
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