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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Hungarian Forint/Australian Dollar (FOREX:HUFAUD)
Sidelines Mode (-55) - HUFAUD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid HUFAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for HUFAUD.
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 HUFAUD
The long-term trend has been DOWN since Oct 1st, 2024 at 0.00404342
The intermediate-term trend has been UP since Dec 9th, 2024 at 0.00401183
The short-term trend has been DOWN since Dec 25th, 2024 at 0.00400539
Smart Scan Analysis for HUFAUD
Based on our trend formula, HUFAUD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00405714 | 0.00408008 | 0.00405249 | 0.00407102 | +0.00001400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00405714 | 2024-12-26 12:19:30 |