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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

Turkish Lira/Hungarian Forint (FOREX:TRYHUF)

Crossroads (-60) - TRYHUF 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 TRYHUF?

MarketClub looks at technical strength and momentum to determine if the timing is right for TRYHUF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_TRYHUF
Open High Low TRYHUF Price Change
40.1560 40.6755 39.8585 40.4330 +0.2770
Entry Signal

MarketClub’s Trade Triangles for TRYHUF

long term up The long-term trend has been UP since Feb 1st, 2021 at 40.7240

intermediate term down The intermediate-term trend has been DOWN since Feb 25th, 2021 at 40.2525

short term down The short-term trend has been DOWN since Feb 22nd, 2021 at 42.3020

Smart Scan Analysis for TRYHUF

Based on our trend formula, TRYHUF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for TRYHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
40.1560 40.6755 39.8585 40.4330 +0.2770
Prev. Close Volume Bid Ask Time
40.1560 2021-02-26 17:11:37
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