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.
MarketClub’s Trade Triangles for TRYHUF
The long-term trend has been UP since Feb 1st, 2021 at 40.7240
The intermediate-term trend has been DOWN since Feb 25th, 2021 at 40.2525
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).