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.
MarketClub’s Trade Triangles for JPYHUF
The long-term trend has been UP since Sep 21st, 2020 at 2.9662800
The intermediate-term trend has been UP since Dec 28th, 2020 at 2.8841496
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).