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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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, HUFSGD 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.
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 HUFSGD
The long-term trend has been DOWN since Jun 14th, 2024 at 0.00363955
The intermediate-term trend has been DOWN since Jul 30th, 2024 at 0.00368272
The short-term trend has been DOWN since Nov 18th, 2024 at 0.00346081
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00347262 | 0.00347768 | 0.00345987 | 0.00346240 | -0.00001000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00347262 | 2024-11-20 03:37:37 |