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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
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.
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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 UP since Aug 1st, 2024 at 396.5210
The short-term trend has been UP since Nov 19th, 2024 at 409.8535
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 409.8315 | 411.6490 | 409.6900 | 411.2275 | +1.3960 |
| Prev. Close | Volume | Bid | Ask | Time |
| 409.8315 | 2024-11-21 06:38:34 |