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Forex Trend Analysis Report

Prepared for you on Saturday, February 22, 2025.

Singapore Dollar/Hungarian Forint (FOREX:SGDHUF)

Weak Uptrend (+65) - SGDHUF is showing signs of weakening momentum to the upside. Monitor SGDHUF as it may be in the beginning stages 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.

FOREX_SGDHUF
Open High Low SGDHUF Price Change
287.0130 289.6495 286.9500 288.5425 +1.5295
Entry Signal

MarketClub’s Trade Triangles for SGDHUF

long term up The long-term trend has been UP since Jun 14th, 2024 at 274.7205

intermediate term down The intermediate-term trend has been DOWN since Jan 24th, 2025 at 288.9870

short term up The short-term trend has been UP since Feb 19th, 2025 at 287.1935

Smart Scan Analysis for SGDHUF

Based on our trend formula, SGDHUF is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for SGDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
287.0130 289.6495 286.9500 288.5425 +1.5295
Prev. Close Volume Bid Ask Time
287.0130 2025-02-21 17:02:58
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