Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Australian Dollar/Hungarian Forint (FOREX:AUDHUF)
Countertrend Up (+85) - AUDHUF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Apr 23rd, 2020 at 209.855
The intermediate-term trend has been UP since Feb 14th, 2021 at 229.910
The short-term trend has been DOWN since Feb 26th, 2021 at 232.910
Smart Scan Analysis for AUDHUF
Based on our trend formula, AUDHUF is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).