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Forex Trend Analysis Report

Prepared for you on Wednesday, March 29, 2023.

Hungarian Forint/Singapore Dollar (FOREX:HUFSGD)

Bull Market Weakness (+75) - HUFSGD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HUFSGD as it may be in the beginning stages of a reversal.

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
0.00377574 0.00380864 0.00376422 0.00380300 +0.00002700
Entry Signal

MarketClub’s Trade Triangles for HUFSGD

long term up The long-term trend has been UP since Jan 1st, 2023 at 0.00360243

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2023 at 0.00369769

short term up The short-term trend has been UP since Mar 21st, 2023 at 0.00364642

Smart Scan Analysis for HUFSGD

Based on our trend formula, HUFSGD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for HUFSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00377574 0.00380864 0.00376422 0.00380300 +0.00002700
Prev. Close Volume Bid Ask Time
0.00377574 2023-03-29 06:41:14
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