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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Australian Dollar/Hungarian Forint (FOREX:AUDHUF)
Crossroads (-60) - AUDHUF is struggling to move into a solid trend. Beware of choppy markets 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 DOWN since Jul 14th, 2024 at 243.520
The short-term trend has been DOWN since Jul 12th, 2024 at 244.085
Smart Scan Analysis for AUDHUF
Based on our trend formula, AUDHUF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 236.7300 | 237.1500 | 235.5650 | 236.0732 | -0.6568 |
| Prev. Close | Volume | Bid | Ask | Time |
| 236.7300 | 2024-07-26 19:32:21 |