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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
New Zealand Dollar/Hungarian Forint (FOREX:NZDHUF)
Strong Downtrend (-100) - NZDHUF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NZDHUF continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for NZDHUF
The long-term trend has been DOWN since Jul 22nd, 2024 at 214.9165
The intermediate-term trend has been DOWN since Jul 9th, 2024 at 221.4660
The short-term trend has been DOWN since Jul 9th, 2024 at 221.4660
Smart Scan Analysis for NZDHUF
Based on our trend formula, NZDHUF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 212.7195 | 213.3195 | 211.7270 | 212.2915 | -0.4280 |
| Prev. Close | Volume | Bid | Ask | Time |
| 212.7195 | 2024-07-26 20:25:01 |