| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Buy |
| RSI (14) | Neutral | Sell | Sell |
| Stochastic (5; 3) | Neutral | Sell | Sell |
| Alligator (13; 8; 5) | Buy | Buy | Buy |
| SAR (0.02; 0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇒ | ⇒ |
Two notable developments have taken place on the charts of the EUR/HUF since the last review.
First, the medium term ascending channel pattern, which guided the surge of the Euro against the Hungarian Florin in June, has been broken. Namely, the support line of the pattern was passed on Tuesday.
Secondly, the momentum for the passing of the support level was given by the upper trend line of a massive scale ascending channel pattern, which was drawn on Tuesday.
In regards to the short term future, the rate is expected to decline down to the 325.00 mark in the near future.