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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Hungarian Forint/Brazilian Real (FOREX:HUFBRL)
Strong Uptrend (+100) - HUFBRL is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HUFBRL continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid HUFBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for HUFBRL.
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 HUFBRL
The long-term trend has been UP since Apr 17th, 2024 at 0.01424881
The intermediate-term trend has been UP since Apr 3rd, 2024 at 0.01389094
The short-term trend has been UP since Apr 15th, 2024 at 0.01402671
Smart Scan Analysis for HUFBRL
Based on our trend formula, HUFBRL is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01410186 | 0.01422739 | 0.01401279 | 0.01404662 | -0.00005500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01410186 | 2024-04-19 16:51:49 |