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Forex Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

Japanese Yen/Hungarian Forint (FOREX:JPYHUF)

Strong Uptrend (+100) - JPYHUF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, JPYHUF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
3.0991519 3.1087179 3.0648454 3.0907291 -0.0084230
Entry Signal

MarketClub’s Trade Triangles for JPYHUF

long term up The long-term trend has been UP since Feb 10th, 2020 at 2.8250913

intermediate term up The intermediate-term trend has been UP since Jan 7th, 2020 at 2.7491743

short term up The short-term trend has been UP since Mar 27th, 2020 at 2.9829066

Smart Scan Analysis for JPYHUF

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

+100
Smart Scan Analysis for JPYHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.0991519 3.1087179 3.0648454 3.0907291 -0.0084230
Prev. Close Volume Bid Ask Time
3.0991519 3.0879796 3.0934786 2020-04-06 16:20:03
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