Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Hungarian Forint/Japanese Yen (FOREX:HUFJPY)
Bull Market Weakness (+75) - HUFJPY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HUFJPY as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HUFJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for HUFJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for HUFJPY
The long-term trend has been UP since Sep 12th, 2022 at 0.368735
The intermediate-term trend has been DOWN since Mar 6th, 2024 at 0.411120
The short-term trend has been UP since Mar 14th, 2024 at 0.409240
Smart Scan Analysis for HUFJPY
Based on our trend formula, HUFJPY is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.411610 | 0.413705 | 0.411610 | 0.413550 | +0.001940 |
Prev. Close | Volume | Bid | Ask | Time |
0.411610 | 2024-03-19 02:09:06 |