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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
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.
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MarketClub’s Trade Triangles for TRYHUF
The long-term trend has been UP since Nov 5th, 2024 at 11.1130
The intermediate-term trend has been DOWN since Jan 20th, 2025 at 11.1240
The short-term trend has been DOWN since Jan 20th, 2025 at 11.2335
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.2510 | 11.2785 | 11.0995 | 11.1100 | -0.1410 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.2510 | 2025-01-20 09:52:28 |