Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, April 19, 2021.

Hungarian Forint/United Arab Emirates Dirham (FOREX:HUFAED)

Sidelines Mode (+55) - HUFAED is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid HUFAED?

MarketClub looks at technical strength and momentum to determine if the timing is right for HUFAED.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_HUFAED
Open High Low HUFAED Price Change
0.01213505 0.01214991 0.01213471 0.01214856 +0.00001400
Entry Signal

MarketClub’s Trade Triangles for HUFAED

long term down The long-term trend has been DOWN since Mar 1st, 2021 at 0.01221194

intermediate term up The intermediate-term trend has been UP since Apr 5th, 2021 at 0.01203560

short term down The short-term trend has been DOWN since Apr 18th, 2021 at 0.01216795

Smart Scan Analysis for HUFAED

Based on our trend formula, HUFAED is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for HUFAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01213505 0.01214991 0.01213471 0.01214856 +0.00001400
Prev. Close Volume Bid Ask Time
0.01213505 2021-04-19 01:33:44
Get a free daily analysis and signals for Hungarian Forint/United Arab Emirates Dirham (HUFAED) - Request Your Free Report.