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Forex Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

Hungarian Forint/Australian Dollar (FOREX:HUFAUD)

Strong Downtrend (-100) - HUFAUD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_HUFAUD
Open High Low HUFAUD Price Change
0.00429005 0.00430009 0.00427109 0.00428051 -0.00001000
Entry Signal

MarketClub’s Trade Triangles for HUFAUD

long term down The long-term trend has been DOWN since Oct 8th, 2021 at 0.00439752

intermediate term down The intermediate-term trend has been DOWN since Sep 22nd, 2021 at 0.00454881

short term down The short-term trend has been DOWN since Oct 6th, 2021 at 0.00444384

Smart Scan Analysis for HUFAUD

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

-100
Smart Scan Analysis for HUFAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00429005 0.00430009 0.00427109 0.00428051 -0.00001000
Prev. Close Volume Bid Ask Time
0.00429005 2021-10-20 13:50:22
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