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Forex Trend Analysis Report

Prepared for you on Monday, September 20, 2021.

Hungarian Forint/New Zealand Dollar (FOREX:HUFNZD)

Crossroads (-60) - HUFNZD 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 HUFNZD?

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

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

FOREX_HUFNZD
Open High Low HUFNZD Price Change
0.00472709 0.00473154 0.00470189 0.00471510 -0.00001200
Entry Signal

MarketClub’s Trade Triangles for HUFNZD

long term up The long-term trend has been UP since May 17th, 2021 at 0.00475426

intermediate term down The intermediate-term trend has been DOWN since Sep 9th, 2021 at 0.00474054

short term down The short-term trend has been DOWN since Sep 16th, 2021 at 0.00472382

Smart Scan Analysis for HUFNZD

Based on our trend formula, HUFNZD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for HUFNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00472709 0.00473154 0.00470189 0.00471510 -0.00001200
Prev. Close Volume Bid Ask Time
0.00472709 2021-09-20 12:27:39
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