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Forex Trend Analysis Report
Prepared for you on Thursday, March 23, 2023.
Hungarian Forint/US Dollar (FOREX:HUFUSD)
Bull Market Weakness (+75) - HUFUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HUFUSD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HUFUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for HUFUSD.
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 HUFUSD
The long-term trend has been UP since Dec 4th, 2022 at 0.00258559
The intermediate-term trend has been DOWN since Mar 13th, 2023 at 0.00274207
The short-term trend has been UP since Mar 20th, 2023 at 0.00271763
Smart Scan Analysis for HUFUSD
Based on our trend formula, HUFUSD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00281559 | 0.00281879 | 0.00281401 | 0.00281826 | +0.00000300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00281559 | 2023-03-23 01:32:46 |