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Forex Trend Analysis Report

Prepared for you on Saturday, July 2, 2022.

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
0.00420996 0.00420996 0.00420996 0.00420996 0.00000000
Entry Signal

MarketClub’s Trade Triangles for HUFNZD

long term down The long-term trend has been DOWN since Mar 1st, 2022 at 0.00445226

intermediate term up The intermediate-term trend has been UP since Jun 29th, 2022 at 0.00427816

short term up The short-term trend has been UP since Jun 28th, 2022 at 0.00419368

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
0.00420996 0.00420996 0.00420996 0.00420996 0.00000000
Prev. Close Volume Bid Ask Time
0.00420996 2022-07-02 18:40:44
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