Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, February 7, 2023.

Japanese Yen/Hungarian Forint (FOREX:JPYHUF)

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

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

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

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

FOREX_JPYHUF
Open High Low JPYHUF Price Change
2.7709548 2.8075159 2.7671420 2.7846061 +0.0136510
Entry Signal

MarketClub’s Trade Triangles for JPYHUF

long term down The long-term trend has been DOWN since Feb 5th, 2023 at 2.7185493

intermediate term down The intermediate-term trend has been DOWN since Jan 20th, 2023 at 2.7909068

short term up The short-term trend has been UP since Feb 6th, 2023 at 2.7606737

Smart Scan Analysis for JPYHUF

Based on our trend formula, JPYHUF is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for JPYHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.7709548 2.8075159 2.7671420 2.7846061 +0.0136510
Prev. Close Volume Bid Ask Time
2.7709548 2023-02-07 23:27:09
Get a free daily analysis and signals for Japanese Yen/Hungarian Forint (JPYHUF) - Request Your Free Report.