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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Hungarian Forint/Euro (FOREX:HUFEUR)
Countertrend Up (+85) - HUFEUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for HUFEUR
The long-term trend has been UP since Feb 10th, 2025 at 0.00247614
The intermediate-term trend has been UP since May 5th, 2025 at 0.00247993
The short-term trend has been DOWN since May 6th, 2025 at 0.00246996
Smart Scan Analysis for HUFEUR
Based on our trend formula, HUFEUR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00246497 | 0.00247322 | 0.00245740 | 0.00247128 | +0.00000600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00246497 | 2025-05-09 07:20:22 |