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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.
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MarketClub’s Trade Triangles for HUFAUD
The long-term trend has been UP since Nov 4th, 2022 at 0.00382658
The intermediate-term trend has been DOWN since Mar 15th, 2023 at 0.00401755
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).
| 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 |