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Forex Trend Analysis Report

Prepared for you on Friday, June 14, 2024.

Hungarian Forint/Singapore Dollar (FOREX:HUFSGD)

Strong Downtrend (-100) - HUFSGD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HUFSGD continues to fall. Traders should use caution and set stops.

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.

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FOREX_HUFSGD
Open High Low HUFSGD Price Change
0.00365646 0.00366107 0.00362690 0.00363477 -0.00002200
Entry Signal

MarketClub’s Trade Triangles for HUFSGD

long term down The long-term trend has been DOWN since Jun 14th, 2024 at 0.00363955

intermediate term down The intermediate-term trend has been DOWN since Jun 3rd, 2024 at 0.00374357

short term down The short-term trend has been DOWN since Jun 10th, 2024 at 0.00372515

Smart Scan Analysis for HUFSGD

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

-100
Smart Scan Analysis for HUFSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00365646 0.00366107 0.00362690 0.00363477 -0.00002200
Prev. Close Volume Bid Ask Time
0.00365646 2024-06-14 11:34:27
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