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Forex Trend Analysis Report
Prepared for you on Sunday, June 4, 2023.
Japanese Yen/Hungarian Forint (FOREX:JPYHUF)
Bear Market Rally (-75) - JPYHUF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on JPYHUF as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for JPYHUF
The long-term trend has been DOWN since Feb 5th, 2023 at 2.7185493
The intermediate-term trend has been DOWN since Apr 3rd, 2023 at 2.6095359
The short-term trend has been UP since May 31st, 2023 at 2.4800844
Smart Scan Analysis for JPYHUF
Based on our trend formula, JPYHUF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.4684363 | 2.4684363 | 2.4684363 | 2.4684363 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.4684363 | 2023-06-03 08:26:58 |