Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

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.

FOREX_NZDHUF
Open High Low NZDHUF Price Change
196.1650 196.6480 195.6460 196.4815 +0.3165
Entry Signal

MarketClub’s Trade Triangles for NZDHUF

long term down The long-term trend has been DOWN since Mar 1st, 2020 at 191.0250

intermediate term up The intermediate-term trend has been UP since Mar 30th, 2020 at 196.1120

short term up The short-term trend has been UP since May 25th, 2020 at 196.3025

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).

+60
Smart Scan Analysis for NZDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
196.1650 196.6480 195.6460 196.4815 +0.3165
Prev. Close Volume Bid Ask Time
196.1650 196.3370 196.6260 2020-05-25 14:52:05
Get a free daily analysis and signals for New Zealand Dollar/Hungarian Forint (NZDHUF) - Request Your Free Report.