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Forex Trend Analysis Report

Prepared for you on Thursday, March 30, 2023.

Euro/Hungarian Forint (FOREX:EURHUF)

Weak Downtrend (-65) - EURHUF is showing signs of a strengthening downtrend. Monitor EURHUF as it may be building momentum to the downside.

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
380.7865 380.8105 380.6695 380.7425 -0.0440
Entry Signal

MarketClub’s Trade Triangles for EURHUF

long term down The long-term trend has been DOWN since Jan 4th, 2023 at 398.2980

intermediate term up The intermediate-term trend has been UP since Mar 13th, 2023 at 385.6355

short term down The short-term trend has been DOWN since Mar 21st, 2023 at 392.3480

Smart Scan Analysis for EURHUF

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

-65
Smart Scan Analysis for EURHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
380.7865 380.8105 380.6695 380.7425 -0.0440
Prev. Close Volume Bid Ask Time
380.7865 2023-03-30 01:55:30
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