Do you think azaleas would do well in this spot?

The area only gets a couple (2-3 at most) hours of sun in the morning. The area is down a slight slope, so I think the soil stays moist there, but not muddy. I tested my soil. pH is slightly acidic. I need to get the phosphorous and nitrogen up. Also the fence runs east to west and I'll be planting on the north side of it. I think I'll post this in the shady gardens forum as well. I was thinking hydrangeas too, or peonies, but I'm not sure that will be enough sun for peonies. I love azaleas and was thinking of something along the northern lights line. What do you guys think? Any other suggestions?

Northern Lights Azaleas usually need more than 2-3 hours of Sun to bloom well. I would try Rhododendrons such as some of the yakusimanum hybrids

Check this out JeniLyn: http://www.extension.umn.edu/distribution/horticulture/DG2386.html