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Forex Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
Hungarian Forint/Japanese Yen (FOREX:HUFJPY)
Weak Uptrend (+65) - HUFJPY is showing signs of weakening momentum to the upside. Monitor HUFJPY as it may be in the beginning stages of a reversal.
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 UP since Sep 12th, 2022 at 0.368735
The intermediate-term trend has been DOWN since Mar 13th, 2023 at 0.372025
The short-term trend has been UP since Mar 21st, 2023 at 0.361670
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.377500 | 0.383120 | 0.376685 | 0.381480 | +0.003980 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.377500 | 2023-03-30 22:38:40 |