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Forex Trend Analysis Report
Prepared for you on Wednesday, March 12, 2025.
US Dollar/Hungarian Forint (FOREX:USDHUF)
Long-Term Downtrend (-90) - USDHUF is in a strong downtrend that is likely to continue. While USDHUF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid USDHUF?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDHUF.
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 USDHUF
The long-term trend has been DOWN since Mar 4th, 2025 at 379.0880
The intermediate-term trend has been DOWN since Jan 22nd, 2025 at 393.2895
The short-term trend has been DOWN since Mar 3rd, 2025 at 380.6400
Smart Scan Analysis for USDHUF
Based on our trend formula, USDHUF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 368.050 | 368.280 | 367.760 | 368.138 | +0.088 |
| Prev. Close | Volume | Bid | Ask | Time |
| 368.050 | 2025-03-12 00:40:42 |