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Forex Trend Analysis Report

Prepared for you on Thursday, May 6, 2021.

United Arab Emirates Dirham/Hungarian Forint (FOREX:AEDHUF)

Weak Downtrend (-65) - AEDHUF is showing signs of a strengthening downtrend. Monitor AEDHUF as it may be building momentum to the downside.

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

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

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

FOREX_AEDHUF
Open High Low AEDHUF Price Change
81.42935 81.46202 80.96755 80.98769 -0.44166
Entry Signal

MarketClub’s Trade Triangles for AEDHUF

long term up The long-term trend has been UP since Mar 1st, 2021 at 81.82684

intermediate term down The intermediate-term trend has been DOWN since Apr 5th, 2021 at 83.10373

short term down The short-term trend has been DOWN since Apr 19th, 2021 at 81.43581

Smart Scan Analysis for AEDHUF

Based on our trend formula, AEDHUF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for AEDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
81.42935 81.46202 80.96755 80.98769 -0.44166
Prev. Close Volume Bid Ask Time
81.42935 2021-05-06 06:27:01
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