Forex Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
Japanese Yen/Hungarian Forint (FOREX:JPYHUF)
Long-Term Uptrend (+90) - JPYHUF is in a strong uptrend that is likely to continue. While JPYHUF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for JPYHUF
The long-term trend has been UP since Jul 5th, 2022 at 2.9244080
The intermediate-term trend has been UP since Jul 5th, 2022 at 2.8900311
The short-term trend has been UP since Aug 15th, 2022 at 2.8911421
Smart Scan Analysis for JPYHUF
Based on our trend formula, JPYHUF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).