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Forex Trend Analysis Report
Prepared for you on Saturday, September 7, 2024.
Australian Dollar/Hungarian Forint (FOREX:AUDHUF)
Bear Market Rally (-75) - AUDHUF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AUDHUF as it may be in the beginning 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.
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MarketClub’s Trade Triangles for AUDHUF
The long-term trend has been DOWN since Aug 5th, 2024 at 234.360
The intermediate-term trend has been UP since Aug 26th, 2024 at 239.955
The short-term trend has been DOWN since Sep 2nd, 2024 at 239.950
Smart Scan Analysis for AUDHUF
Based on our trend formula, AUDHUF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 236.9477 | 236.9477 | 236.9477 | 236.9477 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 236.9477 | 2024-09-07 09:47:22 |