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Forex Trend Analysis Report
Prepared for you on Saturday, January 25, 2025.
Hungarian Forint/United Arab Emirates Dirham (FOREX:HUFAED)
Crossroads (+60) - HUFAED 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 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.
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MarketClub’s Trade Triangles for HUFAED
The long-term trend has been DOWN since Oct 23rd, 2024 at 0.00988662
The intermediate-term trend has been UP since Jan 22nd, 2025 at 0.00935117
The short-term trend has been UP since Jan 20th, 2025 at 0.00921503
Smart Scan Analysis for HUFAED
Based on our trend formula, HUFAED is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00929052 | 0.00947117 | 0.00929052 | 0.00943568 | +0.00014500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00929052 | 2025-01-24 17:02:51 |