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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
Singapore Dollar/Hungarian Forint (FOREX:SGDHUF)
Bear Market Rally (-75) - SGDHUF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SGDHUF as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SGDHUF?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDHUF.
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 SGDHUF
The long-term trend has been DOWN since Mar 3rd, 2025 at 283.7935
The intermediate-term trend has been UP since May 5th, 2025 at 276.0550
The short-term trend has been DOWN since May 30th, 2025 at 275.6105
Smart Scan Analysis for SGDHUF
Based on our trend formula, SGDHUF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 276.2325 | 276.3935 | 275.4890 | 275.7115 | -0.5210 |
| Prev. Close | Volume | Bid | Ask | Time |
| 276.2325 | 2025-05-30 17:02:31 |