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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

Hungarian Forint/Japanese Yen (FOREX:HUFJPY)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_HUFJPY
Open High Low HUFJPY Price Change
0.39539 0.39605 0.39445 0.39470 -0.00069
Entry Signal

MarketClub’s Trade Triangles for HUFJPY

long term down The long term trend has been DOWN since Dec 24th, 2018 at 0.39086

intermediate term up The intermediate term trend has been UP since Jan 25th, 2019 at 0.39343

short term up The short term trend has been UP since Feb 12th, 2019 at 0.39176

Smart Scan Analysis for HUFJPY

Based on a pre-defined weighted trend formula for chart analysis, HUFJPY scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for HUFJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.39539 0.39605 0.39445 0.39470 -0.00069
Prev. Close Volume Bid Ask Time
0.39539 0.39367 0.39573 2019-02-22 18:16:00
Want to analyze Hungarian Forint/Japanese Yen HUFJPY or another symbol? Try our Free Forex Trend Analysis Report.