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Forex Trend Analysis Report

Prepared for you on Monday, April 19, 2021.

Hungarian Forint/Singapore Dollar (FOREX:HUFSGD)

Sidelines Mode (+55) - HUFSGD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.00441035 0.00445021 0.00440829 0.00443545 +0.00002500
Entry Signal

MarketClub’s Trade Triangles for HUFSGD

long term down The long-term trend has been DOWN since Sep 23rd, 2020 at 0.00438194

intermediate term up The intermediate-term trend has been UP since Apr 5th, 2021 at 0.00438952

short term down The short-term trend has been DOWN since Apr 15th, 2021 at 0.00444084

Smart Scan Analysis for HUFSGD

Based on our trend formula, HUFSGD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for HUFSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00441035 0.00445021 0.00440829 0.00443545 +0.00002500
Prev. Close Volume Bid Ask Time
0.00441035 2021-04-19 18:35:21
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