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Forex Trend Analysis Report

Prepared for you on Monday, April 12, 2021.

Australian Dollar/Hungarian Forint (FOREX:AUDHUF)

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

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.

FOREX_AUDHUF
Open High Low AUDHUF Price Change
228.71000 228.81510 228.65500 228.65995 -0.05005
Entry Signal

MarketClub’s Trade Triangles for AUDHUF

long term up The long-term trend has been UP since Apr 23rd, 2020 at 209.855

intermediate term down The intermediate-term trend has been DOWN since Mar 31st, 2021 at 233.895

short term down The short-term trend has been DOWN since Mar 31st, 2021 at 234.595

Smart Scan Analysis for AUDHUF

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

-70
Smart Scan Analysis for AUDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
228.71000 228.81510 228.65500 228.65995 -0.05005
Prev. Close Volume Bid Ask Time
228.71000 2021-04-12 00:53:54
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