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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Turkish Lira/Hungarian Forint (FOREX:TRYHUF)

Weak Uptrend (+65) - TRYHUF is showing signs of weakening momentum to the upside. Monitor 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
11.1995 11.2165 11.1650 11.1870 -0.0125
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 Dec 23rd, 2024 at 11.2400

Smart Scan Analysis for TRYHUF

Based on our trend formula, TRYHUF is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for TRYHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.1995 11.2165 11.1650 11.1870 -0.0125
Prev. Close Volume Bid Ask Time
11.1995 2024-12-26 06:32:05
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