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Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Hungarian Forint/Canadian Dollar (FOREX:HUFCAD)
Bear Market Rally (-75) - HUFCAD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HUFCAD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid HUFCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for HUFCAD.
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 HUFCAD
The long-term trend has been DOWN since Mar 7th, 2024 at 0.00371528
The intermediate-term trend has been UP since Apr 5th, 2024 at 0.00375743
The short-term trend has been DOWN since Apr 18th, 2024 at 0.00370455
Smart Scan Analysis for HUFCAD
Based on our trend formula, HUFCAD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00370414 | 0.00370546 | 0.00369460 | 0.00370061 | -0.00000400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00370414 | 2024-04-23 03:22:55 |