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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Japanese Yen/Hungarian Forint (FOREX:JPYHUF)
Crossroads (-60) - JPYHUF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Jul 31st, 2024 at 2.4303981
The intermediate-term trend has been DOWN since Dec 15th, 2024 at 2.5263349
The short-term trend has been DOWN since Dec 22nd, 2024 at 2.5326179
Smart Scan Analysis for JPYHUF
Based on our trend formula, JPYHUF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.5095842 | 2.5146515 | 2.4942249 | 2.5005528 | -0.0090310 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.5095842 | 2024-12-26 20:13:12 |