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Forex Trend Analysis Report

Prepared for you on Friday, March 5, 2021.

New Zealand Dollar/Hungarian Forint (FOREX:NZDHUF)

Strong Uptrend (+100) - NZDHUF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NZDHUF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

FOREX_NZDHUF
Open High Low NZDHUF Price Change
218.8605 220.2895 218.5600 220.1975 +1.3370
Entry Signal

MarketClub’s Trade Triangles for NZDHUF

long term up The long-term trend has been UP since Sep 18th, 2020 at 206.570

intermediate term up The intermediate-term trend has been UP since Jan 26th, 2021 at 213.895

short term up The short-term trend has been UP since Mar 2nd, 2021 at 220.049

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).

+100
Smart Scan Analysis for NZDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
218.8605 220.2895 218.5600 220.1975 +1.3370
Prev. Close Volume Bid Ask Time
218.8605 2021-03-05 09:28:36
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