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Forex Trend Analysis Report

Prepared for you on Sunday, April 14, 2024.

Australian Dollar/Hungarian Forint (FOREX:AUDHUF)

Weak Uptrend (+65) - AUDHUF is showing signs of weakening momentum to the upside. Monitor AUDHUF as it may be in the beginning stages of a reversal.

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.

FOREX_AUDHUF
Open High Low AUDHUF Price Change
238.57995 238.57995 238.57995 238.57995 0.00000
Entry Signal

MarketClub’s Trade Triangles for AUDHUF

long term up The long-term trend has been UP since Sep 24th, 2023 at 237.160

intermediate term down The intermediate-term trend has been DOWN since Apr 5th, 2024 at 236.415

short term up The short-term trend has been UP since Apr 9th, 2024 at 238.225

Smart Scan Analysis for AUDHUF

Based on our trend formula, AUDHUF is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for AUDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
238.57995 238.57995 238.57995 238.57995 0.00000
Prev. Close Volume Bid Ask Time
238.57995 2024-04-14 05:01:00
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