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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

United Arab Emirates Dirham/Hungarian Forint (FOREX:AEDHUF)

Crossroads (-60) - AEDHUF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid AEDHUF?

MarketClub looks at technical strength and momentum to determine if the timing is right for AEDHUF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_AEDHUF
Open High Low AEDHUF Price Change
84.40869 84.46586 84.36786 84.40434 -0.00435
Entry Signal

MarketClub’s Trade Triangles for AEDHUF

long term up The long-term trend has been UP since Mar 17th, 2020 at 85.44903

intermediate term down The intermediate-term trend has been DOWN since Apr 14th, 2020 at 87.01575

short term down The short-term trend has been DOWN since May 26th, 2020 at 86.63563

Smart Scan Analysis for AEDHUF

Based on our trend formula, AEDHUF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for AEDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
84.40869 84.46586 84.36786 84.40434 -0.00435
Prev. Close Volume Bid Ask Time
84.40869 84.32266 84.48601 2020-06-02 00:43:39
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