Forex Trend Analysis Report
Prepared for you on Monday, February 24, 2020.
New Zealand Dollar/Hungarian Forint (FOREX:NZDHUF)
Weak Downtrend (-65) - NZDHUF is showing signs of a strengthening downtrend. Monitor NZDHUF as it may be building momentum to the downside.
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 Nov 12th, 2019 at 194.5995
The intermediate-term trend has been DOWN since Feb 2nd, 2020 at 196.4570
The short-term trend has been DOWN since Feb 17th, 2020 at 198.5990
Smart Scan Analysis for NZDHUF
Based on our trend formula, NZDHUF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).