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Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

Euro/Hungarian Forint (FOREX:EURHUF)

Strong Uptrend (+100) - EURHUF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURHUF 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 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
402.2735 408.9150 401.8980 408.8370 +6.5635
Entry Signal

MarketClub’s Trade Triangles for EURHUF

long term up The long-term trend has been UP since Feb 28th, 2022 at 371.9740

intermediate term up The intermediate-term trend has been UP since May 2nd, 2022 at 380.5140

short term up The short-term trend has been UP since Jul 4th, 2022 at 402.0365

Smart Scan Analysis for EURHUF

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

+100
Smart Scan Analysis for EURHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
402.2735 408.9150 401.8980 408.8370 +6.5635
Prev. Close Volume Bid Ask Time
402.2735 2022-07-05 09:30:00
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