Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

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.

FOREX_TRYHUF
Open High Low TRYHUF Price Change
9.334 9.352 9.271 9.287 -0.047
Entry Signal

MarketClub’s Trade Triangles for TRYHUF

long term down The long-term trend has been DOWN since Feb 5th, 2025 at 10.8610

intermediate term down The intermediate-term trend has been DOWN since Jan 20th, 2025 at 11.1240

short term up The short-term trend has been UP since May 8th, 2025 at 9.4355

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).

-75
Smart Scan Analysis for TRYHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.334 9.352 9.271 9.287 -0.047
Prev. Close Volume Bid Ask Time
9.334 2025-05-09 07:31:24
Get a free daily analysis and signals for Turkish Lira/Hungarian Forint (TRYHUF) - Request Your Free Report.