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Forex Trend Analysis Report

Prepared for you on Monday, April 12, 2021.

Hungarian Forint/Australian Dollar (FOREX:HUFAUD)

Bull Market Weakness (+75) - HUFAUD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HUFAUD as it may be in the beginning stages of a reversal.

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
0.00437158 0.00438521 0.00436163 0.00437799 +0.00000600
Entry Signal

MarketClub’s Trade Triangles for HUFAUD

long term down The long-term trend has been DOWN since Apr 23rd, 2020 at 0.00476476

intermediate term up The intermediate-term trend has been UP since Mar 31st, 2021 at 0.00427658

short term up The short-term trend has been UP since Mar 31st, 2021 at 0.00426853

Smart Scan Analysis for HUFAUD

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

+70
Smart Scan Analysis for HUFAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00437158 0.00438521 0.00436163 0.00437799 +0.00000600
Prev. Close Volume Bid Ask Time
0.00437158 2021-04-12 16:27:35
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