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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Japanese Yen/Hungarian Forint (FOREX:JPYHUF)

Weak Downtrend (-65) - JPYHUF is showing signs of a strengthening downtrend. Monitor JPYHUF as it may be building momentum to the downside.

Is it time to buy, sell, or avoid JPYHUF?

MarketClub looks at technical strength and momentum to determine if the timing is right for JPYHUF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_JPYHUF
Open High Low JPYHUF Price Change
2.8155226 2.8373952 2.8060035 2.8308454 +0.0153230
Entry Signal

MarketClub’s Trade Triangles for JPYHUF

long term down The long-term trend has been DOWN since Feb 15th, 2021 at 2.7931927

intermediate term down The intermediate-term trend has been DOWN since Jan 29th, 2021 at 2.8056199

short term up The short-term trend has been UP since Feb 26th, 2021 at 2.8141733

Smart Scan Analysis for JPYHUF

Based on our trend formula, JPYHUF is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for JPYHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.8155226 2.8373952 2.8060035 2.8308454 +0.0153230
Prev. Close Volume Bid Ask Time
2.8155226 2021-03-01 13:31:07
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