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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Hungarian Forint/Singapore Dollar (FOREX:HUFSGD)

Countertrend Up (+85) - HUFSGD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid HUFSGD?

MarketClub looks at technical strength and momentum to determine if the timing is right for HUFSGD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_HUFSGD
Open High Low HUFSGD Price Change
0.00442833 0.00444038 0.00440641 0.00442215 -0.00000600
Entry Signal

MarketClub’s Trade Triangles for HUFSGD

long term up The long-term trend has been UP since Apr 26th, 2020 at 0.00472970

intermediate term up The intermediate-term trend has been UP since Apr 26th, 2020 at 0.00444843

short term down The short-term trend has been DOWN since May 25th, 2020 at 0.00442612

Smart Scan Analysis for HUFSGD

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

+85
Smart Scan Analysis for HUFSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00442833 0.00444038 0.00440641 0.00442215 -0.00000600
Prev. Close Volume Bid Ask Time
0.00442833 0.00425448 0.00458982 2020-05-25 21:15:10
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