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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Hungarian Forint/Singapore Dollar (FOREX:HUFSGD)

Strong Downtrend (-100) - HUFSGD 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 HUFSGD?

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

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FOREX_HUFSGD
Open High Low HUFSGD Price Change
0.00431892 0.00432978 0.00429967 0.00431345 -0.00000500
Entry Signal

MarketClub’s Trade Triangles for HUFSGD

long term down The long-term trend has been DOWN since Sep 27th, 2021 at 0.00442195

intermediate term down The intermediate-term trend has been DOWN since Sep 9th, 2021 at 0.00452243

short term down The short-term trend has been DOWN since Oct 18th, 2021 at 0.00433846

Smart Scan Analysis for HUFSGD

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

-100
Smart Scan Analysis for HUFSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00431892 0.00432978 0.00429967 0.00431345 -0.00000500
Prev. Close Volume Bid Ask Time
0.00431892 2021-10-21 08:22:04
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