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Forex Trend Analysis Report

Prepared for you on Wednesday, September 22, 2021.

Singapore Dollar/Hungarian Forint (FOREX:SGDHUF)

Bull Market Weakness (+75) - SGDHUF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SGDHUF as it may be in the beginning stages of a reversal.

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.

FOREX_SGDHUF
Open High Low SGDHUF Price Change
222.4240 223.5485 222.4200 223.3735 +0.9495
Entry Signal

MarketClub’s Trade Triangles for SGDHUF

long term down The long-term trend has been DOWN since May 14th, 2021 at 220.7055

intermediate term up The intermediate-term trend has been UP since Sep 9th, 2021 at 221.1455

short term up The short-term trend has been UP since Sep 16th, 2021 at 221.4590

Smart Scan Analysis for SGDHUF

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

+70
Smart Scan Analysis for SGDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
222.4240 223.5485 222.4200 223.3735 +0.9495
Prev. Close Volume Bid Ask Time
222.4240 2021-09-22 05:14:08
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