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Forex Trend Analysis Report

Prepared for you on Monday, July 22, 2019.

Japanese Yen/Hungarian Forint (FOREX:JPYHUF)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

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
2.68600 2.68735 2.68355 2.68635 +0.00035
Entry Signal

MarketClub’s Trade Triangles for JPYHUF

long term up The long term trend has been UP since May 1st, 2019 at 2.60060

intermediate term up The intermediate term trend has been UP since Jul 10th, 2019 at 2.67290

short term down The short term trend has been DOWN since Jul 22nd, 2019 at 2.68385

Smart Scan Analysis for JPYHUF

Based on a pre-defined weighted trend formula for chart analysis, JPYHUF scored +85 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
2.68600 2.68735 2.68355 2.68635 +0.00035
Prev. Close Volume Bid Ask Time
2.686 2.68450 2.68820 2019-07-22 03:53:19
Want to analyze Japanese Yen/Hungarian Forint JPYHUF or another symbol? Try our Free Forex Trend Analysis Report.