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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Turkish Lira/Hungarian Forint (FOREX:TRYHUF)

Weak Downtrend (-65) - TRYHUF is showing signs of a strengthening downtrend. Monitor TRYHUF as it may be building momentum to the downside.

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
11.3270 11.3335 11.2795 11.3300 +0.0030
Entry Signal

MarketClub’s Trade Triangles for TRYHUF

long term down The long-term trend has been DOWN since Nov 11th, 2022 at 21.1445

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2024 at 11.0955

short term down The short-term trend has been DOWN since Apr 18th, 2024 at 11.3095

Smart Scan Analysis for TRYHUF

Based on our trend formula, TRYHUF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for TRYHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.3270 11.3335 11.2795 11.3300 +0.0030
Prev. Close Volume Bid Ask Time
11.3270 2024-04-18 04:34:06
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