Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
US Dollar/Hungarian Forint (FOREX:USDHUF)
Sidelines Mode (-55) - USDHUF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid USDHUF?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDHUF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for USDHUF
The long-term trend has been DOWN since Mar 4th, 2025 at 379.0880
The intermediate-term trend has been DOWN since Jan 22nd, 2025 at 393.2895
The short-term trend has been UP since May 6th, 2025 at 358.2500
Smart Scan Analysis for USDHUF
Based on our trend formula, USDHUF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 361.4100 | 362.3000 | 359.2100 | 359.7535 | -1.6565 |
| Prev. Close | Volume | Bid | Ask | Time |
| 361.4100 | 2025-05-09 08:35:05 |