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Forex Trend Analysis Report

Prepared for you on Sunday, February 17, 2019.

Japanese Yen/Hungarian Forint (FOREX:JPYHUF)

Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low JPYHUF Price Change
2.5506 2.5506 2.5506 2.5506 0.0000
Entry Signal

MarketClub’s Trade Triangles for JPYHUF

long term up The long term trend has been UP since Oct 2nd, 2018 at 2.47345

intermediate term down The intermediate term trend has been DOWN since Jan 25th, 2019 at 2.54210

short term down The short term trend has been DOWN since Feb 12th, 2019 at 2.54945

Smart Scan Analysis for JPYHUF

Based on a pre-defined weighted trend formula for chart analysis, JPYHUF scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for JPYHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5506 2.5506 2.5506 2.5506 0.0000
Prev. Close Volume Bid Ask Time
2.5506 2.5488 2.5524 2019-02-16 19:16:25
Want to analyze Japanese Yen/Hungarian Forint JPYHUF or another symbol? Try our Free Forex Trend Analysis Report.