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.
MarketClub’s Trade Triangles for AUDHUF
The long-term trend has been UP since Apr 23rd, 2020 at 209.855
The intermediate-term trend has been DOWN since Mar 31st, 2021 at 233.895
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).