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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.

FOREX_HUFJPY
Open High Low HUFJPY Price Change
0.377500 0.383120 0.376685 0.381480 +0.003980
Entry Signal

MarketClub’s Trade Triangles for HUFJPY

long term up The long-term trend has been UP since Sep 12th, 2022 at 0.368735

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2023 at 0.372025

short term up 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).

+65
Smart Scan Analysis for HUFJPY
Strong Downtrend Sideways 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
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