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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Turkish Lira/Hungarian Forint (FOREX:TRYHUF)

Strong Downtrend (-100) - TRYHUF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
32.8480 32.9830 32.3355 32.4000 -0.4480
Entry Signal

MarketClub’s Trade Triangles for TRYHUF

long term down The long-term trend has been DOWN since Mar 21st, 2021 at 36.5025

intermediate term down The intermediate-term trend has been DOWN since Sep 8th, 2021 at 35.0360

short term down The short-term trend has been DOWN since Oct 21st, 2021 at 33.1285

Smart Scan Analysis for TRYHUF

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

-100
Smart Scan Analysis for TRYHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.8480 32.9830 32.3355 32.4000 -0.4480
Prev. Close Volume Bid Ask Time
32.8480 2021-10-22 03:38:21
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