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.
MarketClub’s Trade Triangles for AEDHUF
The long-term trend has been UP since Mar 17th, 2020 at 85.44903
The intermediate-term trend has been DOWN since Apr 14th, 2020 at 87.01575
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).