Forex Trend Analysis Report
Prepared for you on Saturday, March 25, 2023.
Hungarian Forint/United Arab Emirates Dirham (FOREX:HUFAED)
Bull Market Weakness (+75) - HUFAED is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HUFAED as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for HUFAED
The long-term trend has been UP since Dec 4th, 2022 at 0.00949418
The intermediate-term trend has been DOWN since Mar 13th, 2023 at 0.01008118
The short-term trend has been UP since Mar 20th, 2023 at 0.00997248
Smart Scan Analysis for HUFAED
Based on our trend formula, HUFAED is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).