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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

Hungarian Forint/Australian Dollar (FOREX:HUFAUD)

Countertrend Down (-85) - HUFAUD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
0.00432224 0.00432224 0.00432224 0.00432224 0.00000000
Entry Signal

MarketClub’s Trade Triangles for HUFAUD

long term down The long-term trend has been DOWN since Apr 23rd, 2020 at 0.00476476

intermediate term down The intermediate-term trend has been DOWN since Feb 14th, 2021 at 0.00434857

short term up The short-term trend has been UP since Feb 26th, 2021 at 0.00430251

Smart Scan Analysis for HUFAUD

Based on our trend formula, HUFAUD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for HUFAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00432224 0.00432224 0.00432224 0.00432224 0.00000000
Prev. Close Volume Bid Ask Time
0.00432224 2021-02-28 07:55:48
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