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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Singapore Dollar/Hungarian Forint (FOREX:SGDHUF)
Strong Uptrend (+100) - SGDHUF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SGDHUF 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 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 UP since Jun 14th, 2024 at 274.7205
The intermediate-term trend has been UP since Jul 30th, 2024 at 271.4920
The short-term trend has been UP since Nov 18th, 2024 at 288.9765
Smart Scan Analysis for SGDHUF
Based on our trend formula, SGDHUF is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 289.3100 | 291.3145 | 289.1865 | 290.9715 | +1.6615 |
| Prev. Close | Volume | Bid | Ask | Time |
| 289.3100 | 2024-11-21 07:07:29 |