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Forex Trend Analysis Report

Prepared for you on Tuesday, January 19, 2021.

Hungarian Forint/Japanese Yen (FOREX:HUFJPY)

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

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

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

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

FOREX_HUFJPY
Open High Low HUFJPY Price Change
0.35015 0.35024 0.35004 0.35014 -0.00001
Entry Signal

MarketClub’s Trade Triangles for HUFJPY

long term down The long-term trend has been DOWN since Sep 23rd, 2020 at 0.33695

intermediate term down The intermediate-term trend has been DOWN since Dec 28th, 2020 at 0.34671

short term down The short-term trend has been DOWN since Jan 11th, 2021 at 0.35223

Smart Scan Analysis for HUFJPY

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

-70
Smart Scan Analysis for HUFJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.35015 0.35024 0.35004 0.35014 -0.00001
Prev. Close Volume Bid Ask Time
0.35015 2021-01-19 01:31:31
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