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Forex Trend Analysis Report

Prepared for you on Saturday, July 2, 2022.

New Zealand Dollar/Hungarian Forint (FOREX:NZDHUF)

Weak Downtrend (-65) - NZDHUF is showing signs of a strengthening downtrend. Monitor NZDHUF as it may be building momentum to the downside.

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.

FOREX_NZDHUF
Open High Low NZDHUF Price Change
238.1295 238.1295 238.1295 238.1295 0.0000
Entry Signal

MarketClub’s Trade Triangles for NZDHUF

long term up The long-term trend has been UP since Mar 1st, 2022 at 224.6270

intermediate term down The intermediate-term trend has been DOWN since Jun 29th, 2022 at 233.7925

short term down The short-term trend has been DOWN since Jun 28th, 2022 at 238.3400

Smart Scan Analysis for NZDHUF

Based on our trend formula, NZDHUF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NZDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
238.1295 238.1295 238.1295 238.1295 0.0000
Prev. Close Volume Bid Ask Time
238.1295 2022-07-02 07:16:53
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