Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
Hungarian Forint/Japanese Yen (FOREX:HUFJPY)
Weak Downtrend (-65) - HUFJPY is showing signs of a strengthening downtrend. Monitor HUFJPY as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for HUFJPY
The long-term trend has been DOWN since Oct 6th, 2021 at 0.357740
The intermediate-term trend has been UP since Oct 14th, 2021 at 0.366265
The short-term trend has been DOWN since Oct 20th, 2021 at 0.365810
Smart Scan Analysis for HUFJPY
Based on our trend formula, HUFJPY is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).