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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Australian Dollar/Hungarian Forint (FOREX:AUDHUF)
Sidelines Mode (+55) - AUDHUF 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 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 Sep 24th, 2023 at 237.160
The intermediate-term trend has been UP since Apr 15th, 2024 at 239.635
The short-term trend has been DOWN since Apr 16th, 2024 at 237.405
Smart Scan Analysis for AUDHUF
Based on our trend formula, AUDHUF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 237.735 | 238.260 | 237.085 | 237.615 | -0.120 |
| Prev. Close | Volume | Bid | Ask | Time |
| 237.735 | 2024-04-19 16:05:46 |