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Forex Trend Analysis Report

Prepared for you on Saturday, April 17, 2021.

Japanese Yen/Hungarian Forint (FOREX:JPYHUF)

Bear Market Rally (-75) - JPYHUF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on JPYHUF as it may be in the beginning of a reversal.

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
2.7723491 2.7723491 2.7723491 2.7723491 0.0000000
Entry Signal

MarketClub’s Trade Triangles for JPYHUF

long term down The long-term trend has been DOWN since Feb 15th, 2021 at 2.7931927

intermediate term down The intermediate-term trend has been DOWN since Mar 30th, 2021 at 2.7999926

short term up The short-term trend has been UP since Apr 13th, 2021 at 2.7622926

Smart Scan Analysis for JPYHUF

Based on our trend formula, JPYHUF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for JPYHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.7723491 2.7723491 2.7723491 2.7723491 0.0000000
Prev. Close Volume Bid Ask Time
2.7723491 2021-04-17 08:29:49
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