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Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

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.

FOREX_AUDHUF
Open High Low AUDHUF Price Change
275.835 279.875 275.565 279.285 +3.450
Entry Signal

MarketClub’s Trade Triangles for AUDHUF

long term up The long-term trend has been UP since Feb 28th, 2022 at 238.755

intermediate term up The intermediate-term trend has been UP since Jul 5th, 2022 at 267.965

short term up The short-term trend has been UP since Aug 10th, 2022 at 271.600

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).

+100
Smart Scan Analysis for AUDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
275.835 279.875 275.565 279.285 +3.450
Prev. Close Volume Bid Ask Time
275.835 2022-08-16 05:34:29
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