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Forex Trend Analysis Report

Prepared for you on Friday, January 27, 2023.

Hungarian Forint/Singapore Dollar (FOREX:HUFSGD)

Long-Term Uptrend (+90) - HUFSGD is in a strong uptrend that is likely to continue. While HUFSGD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid HUFSGD?

MarketClub looks at technical strength and momentum to determine if the timing is right for HUFSGD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_HUFSGD
Open High Low HUFSGD Price Change
0.00367792 0.00369494 0.00366240 0.00366540 -0.00001300
Entry Signal

MarketClub’s Trade Triangles for HUFSGD

long term up The long-term trend has been UP since Jan 1st, 2023 at 0.00360243

intermediate term up The intermediate-term trend has been UP since Dec 14th, 2022 at 0.00353127

short term up The short-term trend has been UP since Jan 25th, 2023 at 0.00369731

Smart Scan Analysis for HUFSGD

Based on our trend formula, HUFSGD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for HUFSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00367792 0.00369494 0.00366240 0.00366540 -0.00001300
Prev. Close Volume Bid Ask Time
0.00367792 2023-01-27 09:35:00
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