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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.

FOREX_JPYHUF
Open High Low JPYHUF Price Change
2.8732141 2.9547636 2.8695623 2.9394361 +0.0662220
Entry Signal

MarketClub’s Trade Triangles for JPYHUF

long term up The long-term trend has been UP since Jul 5th, 2022 at 2.9244080

intermediate term up The intermediate-term trend has been UP since Jul 5th, 2022 at 2.8900311

short term up 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).

+90
Smart Scan Analysis for JPYHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.8732141 2.9547636 2.8695623 2.9394361 +0.0662220
Prev. Close Volume Bid Ask Time
2.8732141 2022-08-15 17:04:28
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