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.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HUFSGD
The long-term trend has been DOWN since Sep 27th, 2021 at 0.00442195
The intermediate-term trend has been DOWN since Sep 9th, 2021 at 0.00452243
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).