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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
British Pound/Hungarian Forint (FOREX:GBPHUF)
Crossroads (+60) - GBPHUF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GBPHUF?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPHUF.
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 GBPHUF
The long-term trend has been DOWN since Feb 12th, 2025 at 482.015
The intermediate-term trend has been UP since May 8th, 2025 at 479.105
The short-term trend has been UP since May 6th, 2025 at 476.065
Smart Scan Analysis for GBPHUF
Based on our trend formula, GBPHUF is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 478.305 | 479.500 | 476.730 | 477.290 | -1.015 |
| Prev. Close | Volume | Bid | Ask | Time |
| 478.305 | 2025-05-09 06:01:27 |