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Forex Trend Analysis Report

Prepared for you on Thursday, March 23, 2023.

Hungarian Forint/Australian Dollar (FOREX:HUFAUD)

Bull Market Weakness (+75) - HUFAUD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HUFAUD as it may be in the beginning stages 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
0.00418228 0.00422756 0.00417223 0.00421886 +0.00003700
Entry Signal

MarketClub’s Trade Triangles for HUFAUD

long term up The long-term trend has been UP since Nov 4th, 2022 at 0.00382658

intermediate term down The intermediate-term trend has been DOWN since Mar 15th, 2023 at 0.00401755

short term up The short-term trend has been UP since Mar 20th, 2023 at 0.00405790

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
0.00418228 0.00422756 0.00417223 0.00421886 +0.00003700
Prev. Close Volume Bid Ask Time
0.00418228 2023-03-23 09:55:30
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