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Forex Trend Analysis Report
Prepared for you on Friday, August 14, 2020.
Hungarian Forint/Australian Dollar (FOREX:HUFAUD)
Crossroads (+60) - HUFAUD 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 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.
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MarketClub’s Trade Triangles for HUFAUD
The long-term trend has been DOWN since Apr 23rd, 2020 at 0.00476476
The intermediate-term trend has been UP since Jul 20th, 2020 at 0.00464524
The short-term trend has been UP since Aug 11th, 2020 at 0.00477233
Smart Scan Analysis for HUFAUD
Based on our trend formula, HUFAUD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00478886 | 0.00479088 | 0.00476862 | 0.00477010 | -0.00001900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00478886 | 0.00476282 | 0.00477738 | 2020-08-14 04:56:49 |