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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Hungarian Forint/Australian Dollar (FOREX:HUFAUD)
Crossroads (+60) - HUFAUD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Sep 22nd, 2023 at 0.00421628
The intermediate-term trend has been UP since Jul 12th, 2024 at 0.00410639
The short-term trend has been UP since Jul 12th, 2024 at 0.00409754
Smart Scan Analysis for HUFAUD
Based on our trend formula, HUFAUD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00422400 | 0.00425162 | 0.00421579 | 0.00423940 | +0.00001500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00422400 | 2024-07-26 20:09:42 |