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Forex Trend Analysis Report
Prepared for you on Monday, December 9, 2024.
Hungarian Forint/Singapore Dollar (FOREX:HUFSGD)
Sidelines Mode (-55) - HUFSGD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Dec 5th, 2024 at 0.00342541
Smart Scan Analysis for HUFSGD
Based on our trend formula, HUFSGD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00341764 | 0.00344593 | 0.00341534 | 0.00344403 | +0.00002600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00341764 | 2024-12-09 08:53:52 |