Forex Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
Japanese Yen/Hungarian Forint (FOREX:JPYHUF)
Crossroads (-60) - JPYHUF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid JPYHUF?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYHUF.
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 JPYHUF
The long-term trend has been DOWN since Feb 5th, 2023 at 2.7185493
The intermediate-term trend has been UP since Mar 6th, 2024 at 2.4327792
The short-term trend has been UP since Mar 28th, 2024 at 2.4153580
Smart Scan Analysis for JPYHUF
Based on our trend formula, JPYHUF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
2.4162786 | 2.4182216 | 2.4128761 | 2.4137589 | -0.0025200 |
Prev. Close | Volume | Bid | Ask | Time |
2.4162786 | 2024-03-29 05:56:23 |