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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Hungarian Forint/Australian Dollar (FOREX:HUFAUD)
Strong Downtrend (-100) - HUFAUD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HUFAUD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid HUFAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for HUFAUD.
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 HUFAUD
The long-term trend has been DOWN since Sep 22nd, 2023 at 0.00421628
The intermediate-term trend has been DOWN since Apr 14th, 2024 at 0.00417246
The short-term trend has been DOWN since Apr 22nd, 2024 at 0.00419104
Smart Scan Analysis for HUFAUD
Based on our trend formula, HUFAUD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00417884 | 0.00418458 | 0.00417309 | 0.00417638 | -0.00000200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00417884 | 2024-04-24 04:25:44 |