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.
MarketClub’s Trade Triangles for NZDHUF
The long-term trend has been UP since Sep 18th, 2020 at 206.570
The intermediate-term trend has been UP since Jan 26th, 2021 at 213.895
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).