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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

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.

FOREX_HUFAUD
Open High Low HUFAUD Price Change
0.00402048 0.00405898 0.00401721 0.00404974 +0.00002900
Entry Signal

MarketClub’s Trade Triangles for HUFAUD

long term down The long-term trend has been DOWN since Oct 1st, 2024 at 0.00404342

intermediate term down The intermediate-term trend has been DOWN since Jan 5th, 2025 at 0.00398197

short term up The short-term trend has been UP since Jan 20th, 2025 at 0.00403679

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).

-55
Smart Scan Analysis for HUFAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00402048 0.00405898 0.00401721 0.00404974 +0.00002900
Prev. Close Volume Bid Ask Time
0.00402048 2025-01-20 20:15:22
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