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Forex Trend Analysis Report

Prepared for you on Monday, January 13, 2025.

Hungarian Forint/Japanese Yen (FOREX:HUFJPY)

Strong Downtrend (-100) - HUFJPY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HUFJPY continues to fall. Traders should use caution and set stops.

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
0.389545 0.390120 0.386455 0.386880 -0.002665
Entry Signal

MarketClub’s Trade Triangles for HUFJPY

long term down The long-term trend has been DOWN since Jul 31st, 2024 at 0.411495

intermediate term down The intermediate-term trend has been DOWN since Jan 13th, 2025 at 0.388780

short term down The short-term trend has been DOWN since Jan 10th, 2025 at 0.391670

Smart Scan Analysis for HUFJPY

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

-100
Smart Scan Analysis for HUFJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.389545 0.390120 0.386455 0.386880 -0.002665
Prev. Close Volume Bid Ask Time
0.389545 2025-01-13 06:28:27
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