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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Hungarian Forint/New Zealand Dollar (FOREX:HUFNZD)
Sidelines Mode (-55) - HUFNZD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for HUFNZD
The long-term trend has been DOWN since Oct 2nd, 2024 at 0.00440174
The intermediate-term trend has been UP since Dec 11th, 2024 at 0.00443470
The short-term trend has been DOWN since Dec 25th, 2024 at 0.00443102
Smart Scan Analysis for HUFNZD
Based on our trend formula, HUFNZD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00448035 | 0.00450437 | 0.00447621 | 0.00449627 | +0.00001600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00448035 | 2024-12-26 08:43:04 |