Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Euro/Hungarian Forint (FOREX:EURHUF)
Countertrend Up (+85) - EURHUF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid EURHUF?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURHUF.
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 EURHUF
The long-term trend has been UP since Feb 27th, 2024 at 390.5345
The intermediate-term trend has been UP since Jan 22nd, 2024 at 383.6605
The short-term trend has been DOWN since Mar 14th, 2024 at 393.9140
Smart Scan Analysis for EURHUF
Based on our trend formula, EURHUF is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
394.9410 | 394.9800 | 394.9170 | 394.9515 | +0.0105 |
Prev. Close | Volume | Bid | Ask | Time |
394.9410 | 2024-03-19 00:30:16 |