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.
MarketClub’s Trade Triangles for JPYHUF
The long-term trend has been DOWN since Feb 15th, 2021 at 2.7931927
The intermediate-term trend has been DOWN since Jan 29th, 2021 at 2.8056199
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).