Indicators
Indicators
Value
Direction
MACD(12,26,9)
-0.257
Sell
RSI(14)
48.948
Neutral
STOCH(KDJ)(9,3,3)
46.140
Buy
ATR(14)
1.876
Low Volatility
CCI(14)
-22.335
Neutral
Williams %R
40.370
Buy
TRIX(12,20)
-0.022
Sell
StochRSI(14)
100.000
Buy
EUR/HUF
EURHUFMarket is Closed
View Detailed Chart
402.39HUF
+1.20+0.30%
Time
1m
15m
30m
1h
4h
D
W
Please select
Today
+0.30%
5 Days
-0.20%
1 Month
-0.16%
6 Months
-1.72%
Year to Date
-2.07%
1 Year
+1.24%
View Detailed Chart
Key Data Points
Opening Price
401.3Previous Closing Price
401.19Indicators
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.
Buy
Moving Average
Indicators
Value
Direction
MA5
400.998
Buy
MA10
402.012
Buy
MA20
402.468
Buy
MA50
404.173
Sell
MA100
402.889
Buy
MA200
404.410
Sell
EUR/HUF Trading Strategy
Intraday
Short Term
Trading Strategy
The price could retrace.
Alternative scenario
below 401.21, expect 400.53 and 400.13.
Comment
as long as 401.21 is support look for 403.48
Fri, Jun 13
Source: Trading Central(Reference Only)
EUR/HUF News
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
HUF: Cautious tone as a reason to rally – ING
The National Bank of Hungary is scheduled to meet today, but this should be a copy-and-paste of previous meetings. FX has seen significant relief in the last two weeks, but inflation did surprise to the upside in December.
FxstreetTue, Jan 28
CEE: Market switched to Christmas mood – ING
As expected, the National Bank of Hungary left rates unchanged yesterday and forward guidance did not see much change either, ING’s FX analyst Frantisek Taborsky notes.
FxstreetWed, Dec 18
HUF: Hungarian inflation remains the only downside surprise in the CEE region – ING
Inflation numbers from Hungary this morning should show an increase from 3.2% to 3.8% YoY, slightly above market expectations, and in line with the National Bank of Hungary (NBH) forecast, ING’s FX analyst Frantisek Taborsky notes.
FxstreetTue, Dec 10
HUF: Does MNB have a need to intervene? – Commerzbank
In a recent column, we addressed the question of recent sharp depreciation of the Hungarian forint exchange rate, asking if the central bank (MNB) might have to intervene as an emergency.
FxstreetMon, Nov 25
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).
