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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Singapore Dollar/Hungarian Forint (FOREX:SGDHUF)

Bull Market Weakness (+75) - SGDHUF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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
278.053 278.829 276.813 277.224 -0.829
Entry Signal

MarketClub’s Trade Triangles for SGDHUF

long term down The long-term trend has been DOWN since Mar 3rd, 2025 at 283.7935

intermediate term up The intermediate-term trend has been UP since May 5th, 2025 at 276.0550

short term up The short-term trend has been UP since Apr 30th, 2025 at 272.2345

Smart Scan Analysis for SGDHUF

Based on our trend formula, SGDHUF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SGDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
278.053 278.829 276.813 277.224 -0.829
Prev. Close Volume Bid Ask Time
278.053 2025-05-09 08:02:56
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