Forex Trend Analysis Report
Prepared for you on Monday, March 18, 2024.
Hungarian Forint/Australian Dollar (FOREX:HUFAUD)
Countertrend Down (-85) - HUFAUD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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 Jan 28th, 2024 at 0.00424743
The short-term trend has been UP since Mar 15th, 2024 at 0.00419614
Smart Scan Analysis for HUFAUD
Based on our trend formula, HUFAUD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.00422237 | 0.00422956 | 0.00419107 | 0.00419724 | -0.00002500 |
Prev. Close | Volume | Bid | Ask | Time |
0.00422237 | 2024-03-18 23:17:53 |