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Forex Trend Analysis Report

Prepared for you on Tuesday, January 14, 2025.

Turkish Lira/Hungarian Forint (FOREX:TRYHUF)

Bull Market Weakness (+75) - TRYHUF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TRYHUF as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid TRYHUF?

MarketClub looks at technical strength and momentum to determine if the timing is right for TRYHUF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_TRYHUF
Open High Low TRYHUF Price Change
11.3285 11.3555 11.3015 11.3215 -0.0070
Entry Signal

MarketClub’s Trade Triangles for TRYHUF

long term up The long-term trend has been UP since Nov 5th, 2024 at 11.1130

intermediate term up The intermediate-term trend has been UP since Dec 19th, 2024 at 11.4245

short term down The short-term trend has been DOWN since Jan 14th, 2025 at 11.3085

Smart Scan Analysis for TRYHUF

Based on our trend formula, TRYHUF is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for TRYHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.3285 11.3555 11.3015 11.3215 -0.0070
Prev. Close Volume Bid Ask Time
11.3285 2025-01-14 08:24:40
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