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Forex Trend Analysis Report

Prepared for you on Tuesday, June 22, 2021.

British Pound/Hungarian Forint (FOREX:GBPHUF)

Bull Market Weakness (+75) - GBPHUF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPHUF as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid GBPHUF?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPHUF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPHUF
Open High Low GBPHUF Price Change
412.825 413.570 412.705 413.250 +0.425
Entry Signal

MarketClub’s Trade Triangles for GBPHUF

long term down The long-term trend has been DOWN since May 24th, 2021 at 402.330

intermediate term up The intermediate-term trend has been UP since Jun 14th, 2021 at 407.035

short term up The short-term trend has been UP since Jun 11th, 2021 at 405.770

Smart Scan Analysis for GBPHUF

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

+70
Smart Scan Analysis for GBPHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
412.825 413.570 412.705 413.250 +0.425
Prev. Close Volume Bid Ask Time
412.825 2021-06-22 03:10:11
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