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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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.
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MarketClub’s Trade Triangles for NZDHUF
The long-term trend has been UP since Oct 2nd, 2024 at 227.150
The intermediate-term trend has been UP since Aug 27th, 2024 at 219.961
The short-term trend has been UP since Nov 19th, 2024 at 227.740
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 227.789 | 228.256 | 227.240 | 228.186 | +0.397 |
| Prev. Close | Volume | Bid | Ask | Time |
| 227.789 | 2024-11-20 03:43:02 |