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.
MarketClub’s Trade Triangles for HUFSGD
The long-term trend has been UP since Apr 26th, 2020 at 0.00472970
The intermediate-term trend has been UP since Apr 26th, 2020 at 0.00444843
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).