Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Japanese Yen/Hungarian Forint (FOREX:JPYHUF)
Bull Market Weakness (+75) - JPYHUF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on JPYHUF as it may be in the beginning stages of a reversal.
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 DOWN since Feb 5th, 2023 at 2.7185493
The intermediate-term trend has been UP since Jul 23rd, 2024 at 2.2996525
The short-term trend has been UP since Jul 17th, 2024 at 2.2858192
Smart Scan Analysis for JPYHUF
Based on our trend formula, JPYHUF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.3495313 | 2.3542361 | 2.3260383 | 2.3421402 | -0.0073910 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.3495313 | 2024-07-26 17:00:11 |