Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, March 5, 2021.

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, SHORTSYMBOL 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.

FOREX_HUFAED
Open High Low HUFAED Price Change
0.01205296 0.01206216 0.01193833 0.01194241 -0.00011100
Entry Signal

MarketClub’s Trade Triangles for HUFAED

long term down The long-term trend has been DOWN since Mar 1st, 2021 at 0.01221194

intermediate term down The intermediate-term trend has been DOWN since Jan 18th, 2021 at 0.01228506

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 0.01235855

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).

-100
Smart Scan Analysis for HUFAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01205296 0.01206216 0.01193833 0.01194241 -0.00011100
Prev. Close Volume Bid Ask Time
0.01205296 2021-03-05 08:53:31
Get a free daily analysis and signals for Hungarian Forint/United Arab Emirates Dirham (HUFAED) - Request Your Free Report.