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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
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.
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MarketClub’s Trade Triangles for JPYHUF
The long-term trend has been UP since Jul 31st, 2024 at 2.4303981
The intermediate-term trend has been UP since Feb 2nd, 2025 at 2.5879669
The short-term trend has been UP since Jan 29th, 2025 at 2.5304139
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.5580713 | 2.5613872 | 2.5476793 | 2.5496060 | -0.0084650 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.5580713 | 2025-02-05 07:45:09 |