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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Hungarian Forint/New Zealand Dollar (FOREX:HUFNZD)
Sidelines Mode (+55) - HUFNZD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Jan 26th, 2025 at 0.00455525
The intermediate-term trend has been UP since Feb 12th, 2025 at 0.00456303
The short-term trend has been DOWN since Feb 19th, 2025 at 0.00453135
Smart Scan Analysis for HUFNZD
Based on our trend formula, HUFNZD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00452012 | 0.00452012 | 0.00451575 | 0.00451818 | -0.00000200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00452012 | 2025-02-22 03:10:57 |