Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
Singapore Dollar/Hungarian Forint (FOREX:SGDHUF)
Strong Uptrend (+100) - SGDHUF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SGDHUF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SGDHUF?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDHUF.
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 SGDHUF
The long-term trend has been UP since Feb 28th, 2024 at 269.5005
The intermediate-term trend has been UP since Jan 23rd, 2024 at 263.3830
The short-term trend has been UP since Mar 28th, 2024 at 271.7445
Smart Scan Analysis for SGDHUF
Based on our trend formula, SGDHUF is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
270.8335 | 271.9530 | 270.4430 | 271.2925 | +0.4590 |
Prev. Close | Volume | Bid | Ask | Time |
270.8335 | 2024-03-28 06:48:42 |