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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Euro/Hungarian Forint (FOREX:EURHUF)
Countertrend Down (-85) - EURHUF is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid EURHUF?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURHUF.
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 EURHUF
The long-term trend has been DOWN since Feb 10th, 2025 at 403.8940
The intermediate-term trend has been DOWN since May 5th, 2025 at 403.2375
The short-term trend has been UP since May 6th, 2025 at 404.8720
Smart Scan Analysis for EURHUF
Based on our trend formula, EURHUF is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 405.6845 | 406.9280 | 404.7400 | 404.7960 | -0.8885 |
| Prev. Close | Volume | Bid | Ask | Time |
| 405.6845 | 2025-05-09 04:24:08 |