Forex Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
Hungarian Forint/Australian Dollar (FOREX:HUFAUD)
Bear Market Rally (-75) - HUFAUD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HUFAUD as it may be in the beginning of a reversal.
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.
MarketClub’s Trade Triangles for HUFAUD
The long-term trend has been DOWN since Feb 27th, 2022 at 0.00418837
The intermediate-term trend has been UP since Jun 21st, 2022 at 0.00384972
The short-term trend has been DOWN since Jun 24th, 2022 at 0.00379823
Smart Scan Analysis for HUFAUD
Based on our trend formula, HUFAUD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).