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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 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.

FOREX_HUFBRL
Open High Low HUFBRL Price Change
0.01706001 0.01712005 0.01703587 0.01710087 +0.00004100
Entry Signal

MarketClub’s Trade Triangles for HUFBRL

long term up The long-term trend has been UP since Dec 25th, 2024 at 0.01620713

intermediate term up The intermediate-term trend has been UP since Dec 9th, 2024 at 0.01567205

short term up The short-term trend has been UP since Dec 24th, 2024 at 0.01565824

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).

+100
Smart Scan Analysis for HUFBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01706001 0.01712005 0.01703587 0.01710087 +0.00004100
Prev. Close Volume Bid Ask Time
0.01706001 2024-12-26 05:03:22
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