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Forex Trend Analysis Report

Prepared for you on Sunday, April 5, 2020.

Euro/Hungarian Forint (FOREX:EURHUF)

Long-Term Uptrend (+90) - EURHUF is in a strong uptrend that is likely to continue. While EURHUF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
363.9520 368.0040 362.7195 365.6830 +1.7310
Entry Signal

MarketClub’s Trade Triangles for EURHUF

long term up The long-term trend has been UP since Apr 30th, 2019 at 324.0135

intermediate term up The intermediate-term trend has been UP since Feb 26th, 2020 at 339.0140

short term up The short-term trend has been UP since Mar 12th, 2020 at 338.3685

Smart Scan Analysis for EURHUF

Based on our trend formula, EURHUF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for EURHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
363.9520 368.0040 362.7195 365.6830 +1.7310
Prev. Close Volume Bid Ask Time
363.9520 364.6590 366.7070 2020-04-03 19:58:26
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