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.
MarketClub’s Trade Triangles for JPYHUF
The long-term trend has been DOWN since Feb 5th, 2023 at 2.7185493
The intermediate-term trend has been DOWN since Jan 20th, 2023 at 2.7909068
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).