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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.

FOREX_HUFAUD
Open High Low HUFAUD Price Change
0.00378542 0.00378542 0.00378542 0.00378542 0.00000000
Entry Signal

MarketClub’s Trade Triangles for HUFAUD

long term down The long-term trend has been DOWN since Feb 27th, 2022 at 0.00418837

intermediate term up The intermediate-term trend has been UP since Jun 21st, 2022 at 0.00384972

short term down 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).

-75
Smart Scan Analysis for HUFAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00378542 0.00378542 0.00378542 0.00378542 0.00000000
Prev. Close Volume Bid Ask Time
0.00378542 2022-06-26 00:39:07
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