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Forex Trend Analysis Report

Prepared for you on Monday, December 6, 2021.

Japanese Yen/Hungarian Forint (FOREX:JPYHUF)

Countertrend Up (+85) - JPYHUF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
2.8568774 2.8656561 2.8552348 2.8642460 +0.0073690
Entry Signal

MarketClub’s Trade Triangles for JPYHUF

long term up The long-term trend has been UP since Oct 6th, 2021 at 2.7989523

intermediate term up The intermediate-term trend has been UP since Nov 10th, 2021 at 2.7802255

short term down The short-term trend has been DOWN since Nov 30th, 2021 at 2.8475805

Smart Scan Analysis for JPYHUF

Based on our trend formula, JPYHUF is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for JPYHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.8568774 2.8656561 2.8552348 2.8642460 +0.0073690
Prev. Close Volume Bid Ask Time
2.8568774 2021-12-06 01:39:52
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