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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

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.

FOREX_EURHUF
Open High Low EURHUF Price Change
362.278 362.639 360.572 362.369 +0.091
Entry Signal

MarketClub’s Trade Triangles for EURHUF

long term down The long-term trend has been DOWN since Dec 10th, 2020 at 353.8905

intermediate term up The intermediate-term trend has been UP since Feb 22nd, 2021 at 359.6550

short term up The short-term trend has been UP since Feb 17th, 2021 at 359.4155

Smart Scan Analysis for EURHUF

Based on our trend formula, EURHUF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for EURHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
362.278 362.639 360.572 362.369 +0.091
Prev. Close Volume Bid Ask Time
362.278 2021-02-26 23:35:46
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