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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Hungarian Forint/Australian Dollar (FOREX:HUFAUD)
Strong Downtrend (-100) - HUFAUD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HUFAUD continues to fall. Traders should use caution 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.
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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 DOWN since Aug 26th, 2024 at 0.00416759
The short-term trend has been DOWN since Nov 19th, 2024 at 0.00397819
Smart Scan Analysis for HUFAUD
Based on our trend formula, HUFAUD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00397331 | 0.00397765 | 0.00395879 | 0.00396309 | -0.00001000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00397331 | 2024-11-20 03:22:57 |