Free Daily Analysis

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.

FOREX_NZDHUF
Open High Low NZDHUF Price Change
224.486 224.486 224.486 224.486 0.000
Entry Signal

MarketClub’s Trade Triangles for NZDHUF

long term up The long-term trend has been UP since Oct 2nd, 2024 at 227.1500

intermediate term down The intermediate-term trend has been DOWN since Dec 11th, 2024 at 225.5415

short term up 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).

+55
Smart Scan Analysis for NZDHUF
Strong Downtrend Sideways 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
Get a free daily analysis and signals for New Zealand Dollar/Hungarian Forint (NZDHUF) - Request Your Free Report.