Today's HUF to USD Price Update

Summary

This report provides the real-time exchange rate between the Hungarian Forint (HUF) and the U.S. Dollar (USD), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The U.S. Dollar (USD) is one of the world’s most dominant fiat currencies, while the Hungarian Forint (HUF) is the official currency of Hungary. The exchange rate between them reflects market sentiment toward the Hungarian economy and investor confidence in currency stability.

Today’s Price

• 1 HUF = 0.00313 USD
• 24h High: 0.00316676 USD
• 24h Low: 0.00312676 USD

Market Analysis

Recent HUF/USD price movements show technical consolidation with clearly defined support and resistance levels. The bullish trend remains strong as long as price holds above key support levels.

• Technical levels: Key support at 0.0031 USD, resistance at 351.66 HUF (USD/HUF inverse); additional support noted at 348.88 HUF
• Risk note: Short-term volatility within the 24-hour range suggests caution for aggressive positioning
• Trading opportunities: Monitor support accumulation at 0.0031 USD for potential upside reactions; watch for price action above resistance zones for trend confirmation

Conclusion

Continue to monitor the HUF/USD pair closely, integrating technical support and resistance levels with market sentiment. Traders should focus on key support zones for potential entry points while maintaining awareness of resistance barriers for exit strategies.