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Forex Trend Analysis Report

Prepared for you on Tuesday, February 4, 2025.

Canadian Dollar/Hungarian Forint (FOREX:CADHUF)

Sidelines Mode (-55) - CADHUF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid CADHUF?

MarketClub looks at technical strength and momentum to determine if the timing is right for CADHUF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CADHUF
Open High Low CADHUF Price Change
273.72347 274.40000 272.83329 273.78406 +0.06059
Entry Signal

MarketClub’s Trade Triangles for CADHUF

long term up The long-term trend has been UP since Jun 21st, 2024 at 271.79734

intermediate term down The intermediate-term trend has been DOWN since Jan 20th, 2025 at 273.17125

short term up The short-term trend has been UP since Feb 2nd, 2025 at 272.15650

Smart Scan Analysis for CADHUF

Based on our trend formula, CADHUF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CADHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
273.72347 274.40000 272.83329 273.78406 +0.06059
Prev. Close Volume Bid Ask Time
273.72347 2025-02-04 23:00:42
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