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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Hungarian Forint/US Dollar (FOREX:HUFUSD)
Sidelines Mode (+55) - HUFUSD 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 HUFUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for HUFUSD.
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 HUFUSD
The long-term trend has been DOWN since Oct 17th, 2024 at 0.00270108
The intermediate-term trend has been UP since Jan 22nd, 2025 at 0.00254240
The short-term trend has been DOWN since Feb 18th, 2025 at 0.00259130
Smart Scan Analysis for HUFUSD
Based on our trend formula, HUFUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00258702 | 0.00258702 | 0.00258702 | 0.00258702 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00258702 | 2025-02-22 01:41:05 |