Indicators
Indicators
Value
Direction
MACD(12,26,9)
0.027
Neutral
RSI(14)
44.565
Neutral
STOCH(KDJ)(9,3,3)
47.512
Neutral
ATR(14)
1.969
Low Volatility
CCI(14)
-9.150
Neutral
Williams %R
63.016
Sell
TRIX(12,20)
-0.038
Sell
StochRSI(14)
93.675
Buy
EUR/HUF
EURHUFMarket is Closed
View Detailed Chart
399.31HUF
+0.87+0.22%
Time
1m
15m
30m
1h
4h
D
W
Please select
Today
+0.22%
5 Days
+0.17%
1 Month
-0.16%
6 Months
-3.44%
Year to Date
-2.82%
1 Year
+2.07%
View Detailed Chart
Key Data Points
Opening Price
398.34Previous Closing Price
398.44Indicators
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
Sell
Moving Average
Indicators
Value
Direction
MA5
399.232
Buy
MA10
399.050
Buy
MA20
400.242
Sell
MA50
401.778
Sell
MA100
402.061
Sell
MA200
404.910
Sell
EUR/HUF Trading Strategy
Intraday
Short Term
Trading Strategy
The configuration is positive.
Alternative scenario
below 398.70, expect 397.99 and 397.57.
Comment
the upside prevails as long as 398.70 is support
20 hours ago
Source: Trading Central(Reference Only)
EUR/HUF News
NBH to hold steady at 6.50% as inflation risks linger – BBH
National Bank of Hungary is widely expected to keep rates steady at 6.50%, BBH FX analysts report.
FxstreetTue, Jun 24
HUF: Steady rate does not equal steady the forint – Commerzbank
The Hungarian central bank (MNB) is set to leave its base rate unchanged at 6.50%, for the ninth consecutive month, today. That much has been clear from the MPC’s persistent rhetoric, and now confirmed by unanimous expectations among analysts.
FxstreetTue, Jun 24
HUF: NBH must increase hawkishness to protect FX – ING
The National Bank of Hungary is likely to leave rates unchanged today at 6.50% in line with market expectations, ING's FX analyst Frantisek Taborsky notes.
FxstreetTue, Jun 24
EUR/HUF tests 405 hurdle after trendline rebound – Société Générale
EUR/HUF is staging a tentative rebound after defending key trendline support near 398. However, the 200-DMA and upper band of its recent range at 405 remain a critical test.
FxstreetTue, Jun 24
HUF: S&P’s downgrades exerts additional pressure – Commerzbank
Last week after business hours on Friday, Standard & Poor’s issued a downgrade of outlook on Hungary’s sovereign debt from stable to negative. S&P already rates the issuer at 'BBB-/A-3', the lowest within investment grade, which highlights the significance of a negative outlook from here.
FxstreetTue, Apr 15
EUR/HUF: Risk of deeper pullback present – Societe Generale
EUR/HUF uptrend stalled near 416 and it has evolved within a sideways consolidation, Societe Générale’s FX analysts note.
FxstreetTue, Jan 28
More Details of EUR/HUF
The EURHUF, or Euro vs Hungarian Forint, is a currency pair that represents the exchange rate between the Eurozone’s single currency, the Euro (EUR), and Hungary’s national currency, the Forint (HUF). As part of the foreign exchange market, the EURHUF pair is traded by investors and speculators who seek to profit from fluctuations in the exchange rate. The pair is influenced by various economic and political factors, including interest rates, inflation, economic growth, and monetary policy decisions made by the European Central Bank and the Hungarian National Bank.
Is the EURHUF a major currency pair?
No, the EURHUF is not considered a major currency pair. It is classified as a minor or exotic pair due to the lower trading volume and liquidity compared to major pairs like EURUSD.
Should I use leverage when trading EURHUF?
Leverage can increase your trading power, but it also increases the risk of losses. It’s important to use leverage conservatively, especially when trading less liquid pairs like EURHUF.
How can I analyze the EURHUF pair?
Traders can analyze the EURHUF pair using various methods, including fundamental analysis (looking at economic indicators), technical analysis (using charts and patterns), and sentiment analysis (considering market mood and expectations).
