Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
New Zealand Dollar/Hungarian Forint (FOREX:NZDHUF)
Crossroads (-60) - NZDHUF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NZDHUF?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDHUF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for NZDHUF
The long-term trend has been UP since Sep 27th, 2023 at 220.8440
The intermediate-term trend has been DOWN since Mar 15th, 2024 at 219.7800
The short-term trend has been DOWN since Apr 25th, 2024 at 217.8065
Smart Scan Analysis for NZDHUF
Based on our trend formula, NZDHUF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 218.2885 | 219.0535 | 217.4875 | 217.9195 | -0.3690 |
| Prev. Close | Volume | Bid | Ask | Time |
| 218.2885 | 2024-04-26 18:19:51 |