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Forex Trend Analysis Report

Prepared for you on Sunday, August 14, 2022.

Euro/Hungarian Forint (FOREX:EURHUF)

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

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.

FOREX_EURHUF
Open High Low EURHUF Price Change
392.0785 392.0785 392.0785 392.0785 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURHUF

long term up The long-term trend has been UP since Feb 28th, 2022 at 371.9740

intermediate term down The intermediate-term trend has been DOWN since Jul 25th, 2022 at 395.6505

short term down The short-term trend has been DOWN since Aug 12th, 2022 at 392.8525

Smart Scan Analysis for EURHUF

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

-70
Smart Scan Analysis for EURHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
392.0785 392.0785 392.0785 392.0785 0.0000
Prev. Close Volume Bid Ask Time
392.0785 2022-08-14 05:26:01
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