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Forex Trend Analysis Report
Prepared for you on Friday, January 24, 2025.
Hungarian Forint/Canadian Dollar (FOREX:HUFCAD)
Bull Market Weakness (+75) - HUFCAD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HUFCAD as it may be in the beginning stages 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 Jun 21st, 2024 at 0.00367891
The intermediate-term trend has been UP since Jan 20th, 2025 at 0.00365861
The short-term trend has been UP since Jan 15th, 2025 at 0.00359344
Smart Scan Analysis for HUFCAD
Based on our trend formula, HUFCAD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00365660 | 0.00369871 | 0.00365381 | 0.00368828 | +0.00003200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00365660 | 2025-01-24 17:06:33 |