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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
Hungarian Forint/New Zealand Dollar (FOREX:HUFNZD)
Sidelines Mode (-50) - HUFNZD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until HUFNZD can gain momentum.
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 UP since Jan 26th, 2025 at 0.00455525
The intermediate-term trend has been DOWN since Feb 2nd, 2025 at 0.00442062
The short-term trend has been DOWN since Jan 31st, 2025 at 0.00450245
Smart Scan Analysis for HUFNZD
Based on our trend formula, HUFNZD is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00450510 | 0.00450764 | 0.00450109 | 0.00450150 | -0.00000400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00450510 | 2025-02-05 01:42:51 |