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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.

FOREX_HUFJPY
Open High Low HUFJPY Price Change
0.36140 0.36347 0.36073 0.36302 +0.00162
Entry Signal

MarketClub’s Trade Triangles for HUFJPY

long term down The long-term trend has been DOWN since Oct 6th, 2021 at 0.357740

intermediate term up The intermediate-term trend has been UP since Oct 14th, 2021 at 0.366265

short term down 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).

-65
Smart Scan Analysis for HUFJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.36140 0.36347 0.36073 0.36302 +0.00162
Prev. Close Volume Bid Ask Time
0.36140 2021-10-26 13:59:45
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