Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, June 22, 2018.

Hungarian Forint/Japanese Yen (FOREX:HUFJPY)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low HUFJPY Price Change
0.39136 0.39699 0.39112 0.39460 +0.00324
Entry Signal

MarketClub’s Trade Triangles for HUFJPY

long term down The long term trend has been DOWN since Feb 23rd, 2018 at 0.41882

intermediate term down The intermediate term trend has been DOWN since Apr 30th, 2018 at 0.42159

short term up The short term trend has been UP since Jun 22nd, 2018 at 0.39650

Smart Scan Analysis for HUFJPY

Based on a pre-defined weighted trend formula for chart analysis, HUFJPY scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for HUFJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.39136 0.39699 0.39112 0.39460 +0.00324
Prev. Close Volume Bid Ask Time
0.39136 0.39360 0.39560 2018-06-22 18:01:39
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