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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Hungarian Forint/Japanese Yen (FOREX:HUFJPY)
Long-Term Downtrend (-90) - HUFJPY is in a strong downtrend that is likely to continue. While HUFJPY is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Jul 31st, 2024 at 0.411495
The intermediate-term trend has been DOWN since Feb 2nd, 2025 at 0.386455
The short-term trend has been DOWN since Feb 17th, 2025 at 0.395550
Smart Scan Analysis for HUFJPY
Based on our trend formula, HUFJPY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.392385 | 0.392745 | 0.386205 | 0.387390 | -0.004995 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.392385 | 2025-02-21 17:03:00 |