Forex Trend Analysis Report
Prepared for you on Wednesday, April 17, 2024.
Euro/Hungarian Forint (FOREX:EURHUF)
Bull Market Weakness (+75) - EURHUF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURHUF as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid EURHUF?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURHUF.
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 EURHUF
The long-term trend has been UP since Feb 27th, 2024 at 390.5345
The intermediate-term trend has been DOWN since Apr 3rd, 2024 at 392.3195
The short-term trend has been UP since Apr 10th, 2024 at 390.9885
Smart Scan Analysis for EURHUF
Based on our trend formula, EURHUF is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
394.8745 | 395.4250 | 392.0895 | 393.2000 | -1.6745 |
Prev. Close | Volume | Bid | Ask | Time |
394.8745 | 2024-04-17 19:46:30 |