Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
British Pound/Hungarian Forint (FOREX:GBPHUF)
Weak Uptrend (+65) - GBPHUF is showing signs of weakening momentum to the upside. Monitor GBPHUF as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GBPHUF?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPHUF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for GBPHUF
The long-term trend has been UP since Jan 24th, 2024 at 452.770
The intermediate-term trend has been UP since Jul 25th, 2024 at 469.125
The short-term trend has been DOWN since Jul 26th, 2024 at 462.145
Smart Scan Analysis for GBPHUF
Based on our trend formula, GBPHUF is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 464.750 | 465.395 | 461.795 | 464.015 | -0.735 |
| Prev. Close | Volume | Bid | Ask | Time |
| 464.750 | 2024-07-26 19:48:54 |