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Forex Trend Analysis Report

Prepared for you on Thursday, October 28, 2021.

New Zealand Dollar/Hungarian Forint (FOREX:NZDHUF)

Bull Market Weakness (+75) - NZDHUF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NZDHUF as it may be in the beginning stages of a reversal.

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
224.6225 225.3700 222.3950 222.6630 -1.9595
Entry Signal

MarketClub’s Trade Triangles for NZDHUF

long term up The long-term trend has been UP since Sep 23rd, 2021 at 214.7175

intermediate term up The intermediate-term trend has been UP since Sep 8th, 2021 at 210.7750

short term down The short-term trend has been DOWN since Oct 28th, 2021 at 223.5035

Smart Scan Analysis for NZDHUF

Based on our trend formula, NZDHUF is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for NZDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
224.6225 225.3700 222.3950 222.6630 -1.9595
Prev. Close Volume Bid Ask Time
224.6225 2021-10-28 14:43:48
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