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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Turkish Lira/Hungarian Forint (FOREX:TRYHUF)
Strong Downtrend (-100) - TRYHUF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TRYHUF continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for TRYHUF
The long-term trend has been DOWN since Nov 11th, 2022 at 21.1445
The intermediate-term trend has been DOWN since Apr 11th, 2024 at 11.0955
The short-term trend has been DOWN since Apr 18th, 2024 at 11.3095
Smart Scan Analysis for TRYHUF
Based on our trend formula, TRYHUF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.2765 | 11.3475 | 11.2690 | 11.3060 | +0.0295 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.2765 | 2024-04-24 21:15:16 |