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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Australian Dollar/Hungarian Forint (FOREX:AUDHUF)
Strong Uptrend (+100) - AUDHUF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, AUDHUF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid AUDHUF?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDHUF.
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 AUDHUF
The long-term trend has been UP since Sep 24th, 2023 at 237.160
The intermediate-term trend has been UP since Apr 15th, 2024 at 239.635
The short-term trend has been UP since Apr 22nd, 2024 at 238.520
Smart Scan Analysis for AUDHUF
Based on our trend formula, AUDHUF is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 239.0250 | 240.6700 | 238.9000 | 239.6281 | +0.6031 |
| Prev. Close | Volume | Bid | Ask | Time |
| 239.0250 | 2024-04-26 18:44:40 |