Forex Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
Hungarian Forint/United Arab Emirates Dirham (FOREX:HUFAED)
Strong Downtrend (-100) - HUFAED is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HUFAED continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid HUFAED?
MarketClub looks at technical strength and momentum to determine if the timing is right for HUFAED.
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 HUFAED
The long-term trend has been DOWN since Mar 1st, 2024 at 0.01007577
The intermediate-term trend has been DOWN since Jan 17th, 2024 at 0.01049848
The short-term trend has been DOWN since Mar 27th, 2024 at 0.01005459
Smart Scan Analysis for HUFAED
Based on our trend formula, HUFAED is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.01004159 | 0.01006621 | 0.01003733 | 0.01005226 | +0.00001100 |
Prev. Close | Volume | Bid | Ask | Time |
0.01004159 | 2024-03-29 09:40:20 |