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Forex Trend Analysis Report

Prepared for you on Saturday, July 2, 2022.

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
261.5129 261.5129 261.5129 261.5129 0.0000
Entry Signal

MarketClub’s Trade Triangles for AUDHUF

long term up The long-term trend has been UP since Feb 28th, 2022 at 238.755

intermediate term down The intermediate-term trend has been DOWN since Jun 21st, 2022 at 259.950

short term down The short-term trend has been DOWN since Jun 28th, 2022 at 261.680

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
261.5129 261.5129 261.5129 261.5129 0.0000
Prev. Close Volume Bid Ask Time
261.5129 2022-07-02 08:07:02
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