Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, January 24, 2025.

Canadian Dollar/Hungarian Forint (FOREX:CADHUF)

Weak Downtrend (-65) - CADHUF is showing signs of a strengthening downtrend. Monitor CADHUF as it may be building momentum to the downside.

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
273.47500 273.68663 270.38889 270.74068 -2.73432
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 down The short-term trend has been DOWN since Jan 10th, 2025 at 278.18655

Smart Scan Analysis for CADHUF

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

-70
Smart Scan Analysis for CADHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
273.47500 273.68663 270.38889 270.74068 -2.73432
Prev. Close Volume Bid Ask Time
273.47500 2025-01-24 13:37:56
Get a free daily analysis and signals for Canadian Dollar/Hungarian Forint (CADHUF) - Request Your Free Report.