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Forex Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

Hungarian Forint/Euro (FOREX:HUFEUR)

Bull Market Weakness (+75) - HUFEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HUFEUR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid HUFEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for HUFEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_HUFEUR
Open High Low HUFEUR Price Change
0.00259151 0.00260958 0.00259072 0.00260377 +0.00001200
Entry Signal

MarketClub’s Trade Triangles for HUFEUR

long term up The long-term trend has been UP since Jan 4th, 2023 at 0.00251064

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2023 at 0.00259270

short term up The short-term trend has been UP since Mar 21st, 2023 at 0.00254867

Smart Scan Analysis for HUFEUR

Based on our trend formula, HUFEUR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for HUFEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00259151 0.00260958 0.00259072 0.00260377 +0.00001200
Prev. Close Volume Bid Ask Time
0.00259151 2023-03-28 08:12:39
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