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Forex Trend Analysis Report

Prepared for you on Tuesday, January 19, 2021.

Japanese Yen/Hungarian Forint (FOREX:JPYHUF)

Long-Term Uptrend (+90) - JPYHUF is in a strong uptrend that is likely to continue. While JPYHUF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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
2.8567651 2.8580631 2.8550004 2.8579327 +0.0011680
Entry Signal

MarketClub’s Trade Triangles for JPYHUF

long term up The long-term trend has been UP since Sep 21st, 2020 at 2.9662800

intermediate term up The intermediate-term trend has been UP since Dec 28th, 2020 at 2.8841496

short term up The short-term trend has been UP since Jan 11th, 2021 at 2.8391093

Smart Scan Analysis for JPYHUF

Based on our trend formula, JPYHUF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for JPYHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.8567651 2.8580631 2.8550004 2.8579327 +0.0011680
Prev. Close Volume Bid Ask Time
2.8567651 2021-01-19 00:56:14
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