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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
New Zealand Dollar/Hungarian Forint (FOREX:NZDHUF)
Sidelines Mode (+55) - NZDHUF 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 NZDHUF?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDHUF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NZDHUF
The long-term trend has been UP since Oct 2nd, 2024 at 227.1500
The intermediate-term trend has been DOWN since Dec 11th, 2024 at 225.5415
The short-term trend has been UP since Dec 19th, 2024 at 226.1570
Smart Scan Analysis for NZDHUF
Based on our trend formula, NZDHUF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 224.486 | 224.486 | 224.486 | 224.486 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 224.486 | 2024-12-21 07:07:04 |