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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Turkish Lira/Hungarian Forint (FOREX:TRYHUF)
Bear Market Rally (-75) - TRYHUF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TRYHUF as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for TRYHUF
The long-term trend has been DOWN since Nov 11th, 2022 at 21.1445
The intermediate-term trend has been DOWN since Jul 4th, 2024 at 11.1370
The short-term trend has been UP since Jul 22nd, 2024 at 10.8845
Smart Scan Analysis for TRYHUF
Based on our trend formula, TRYHUF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.9225 | 10.9460 | 10.8890 | 10.9430 | +0.0205 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.9225 | 2024-07-26 16:59:58 |