Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
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.
MarketClub’s Trade Triangles for AUDHUF
The long-term trend has been UP since Oct 8th, 2021 at 227.405
The intermediate-term trend has been UP since Sep 22nd, 2021 at 219.815
The short-term trend has been UP since Oct 6th, 2021 at 225.015
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).