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Forex Trend Analysis Report
Prepared for you on Tuesday, November 5, 2024.
Australian Dollar/Hungarian Forint (FOREX:AUDHUF)
Strong Uptrend (+100) - AUDHUF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, AUDHUF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid AUDHUF?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDHUF.
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 AUDHUF
The long-term trend has been UP since Oct 1st, 2024 at 247.315
The intermediate-term trend has been UP since Sep 19th, 2024 at 241.735
The short-term trend has been UP since Nov 5th, 2024 at 248.160
Smart Scan Analysis for AUDHUF
Based on our trend formula, AUDHUF is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 247.535 | 248.840 | 247.345 | 248.825 | +1.290 |
| Prev. Close | Volume | Bid | Ask | Time |
| 247.535 | 2024-11-05 05:45:50 |