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Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
New Zealand Dollar/Hungarian Forint (FOREX:NZDHUF)
Bear Market Rally (-75) - NZDHUF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NZDHUF as it may be in the beginning of a reversal.
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 DOWN since Jan 30th, 2025 at 220.4345
The intermediate-term trend has been DOWN since Jan 26th, 2025 at 221.7195
The short-term trend has been UP since Jan 31st, 2025 at 222.0700
Smart Scan Analysis for NZDHUF
Based on our trend formula, NZDHUF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 221.8870 | 222.1525 | 220.9010 | 222.0410 | +0.1540 |
| Prev. Close | Volume | Bid | Ask | Time |
| 221.8870 | 2025-02-04 22:57:40 |