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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Canadian Dollar/Hungarian Forint (FOREX:CADHUF)
Crossroads (+60) - CADHUF is struggling to move into a solid trend. Beware of choppy markets 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.
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MarketClub’s Trade Triangles for CADHUF
The long-term trend has been DOWN since Feb 25th, 2025 at 268.12888
The intermediate-term trend has been UP since Apr 6th, 2025 at 261.67555
The short-term trend has been UP since May 8th, 2025 at 259.53569
Smart Scan Analysis for CADHUF
Based on our trend formula, CADHUF is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 259.56000 | 260.24465 | 258.59145 | 258.63000 | -0.93000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 259.56000 | 2025-05-09 04:09:10 |