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Forex Trend Analysis Report

Prepared for you on Thursday, June 8, 2023.

Hungarian Forint/New Zealand Dollar (FOREX:HUFNZD)

Strong Uptrend (+100) - HUFNZD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HUFNZD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in 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
0.00480306 0.00480806 0.00479952 0.00480429 +0.00000100
Entry Signal

MarketClub’s Trade Triangles for HUFNZD

long term up The long-term trend has been UP since Feb 2nd, 2023 at 0.00436409

intermediate term up The intermediate-term trend has been UP since May 30th, 2023 at 0.00478684

short term up The short-term trend has been UP since Jun 6th, 2023 at 0.00479036

Smart Scan Analysis for HUFNZD

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

+100
Smart Scan Analysis for HUFNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00480306 0.00480806 0.00479952 0.00480429 +0.00000100
Prev. Close Volume Bid Ask Time
0.00480306 2023-06-08 00:23:44
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