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.
MarketClub’s Trade Triangles for AEDHUF
The long-term trend has been UP since Mar 1st, 2021 at 81.82684
The intermediate-term trend has been DOWN since Apr 5th, 2021 at 83.10373
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).