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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

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.

FOREX_TRYHUF
Open High Low TRYHUF Price Change
47.2455 47.3415 47.1400 47.2550 +0.0095
Entry Signal

MarketClub’s Trade Triangles for TRYHUF

long term down The long-term trend has been DOWN since Dec 17th, 2019 at 50.2275

intermediate term up The intermediate-term trend has been UP since May 17th, 2020 at 47.5600

short term up The short-term trend has been UP since May 24th, 2020 at 47.2535

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).

+60
Smart Scan Analysis for TRYHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
47.2455 47.3415 47.1400 47.2550 +0.0095
Prev. Close Volume Bid Ask Time
47.2455 47.2070 47.3030 2020-05-25 14:51:26
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