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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.

FOREX_HUFNZD
Open High Low HUFNZD Price Change
0.00450510 0.00450764 0.00450109 0.00450150 -0.00000400
Entry Signal

MarketClub’s Trade Triangles for HUFNZD

long term up The long-term trend has been UP since Jan 26th, 2025 at 0.00455525

intermediate term down The intermediate-term trend has been DOWN since Feb 2nd, 2025 at 0.00442062

short term down 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).

-50
Smart Scan Analysis for HUFNZD
Strong Downtrend Sideways 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
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