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Forex Trend Analysis Report

Prepared for you on Monday, October 15, 2018.

Australian Dollar/Hungarian Forint (FOREX:AUDHUF)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

FOREX_AUDHUF
Open High Low AUDHUF Price Change
199.52500 200.02000 198.57000 198.85245 -0.67255
Entry Signal

MarketClub’s Trade Triangles for AUDHUF

long term down The long term trend has been DOWN since Sep 2nd, 2018 at 202.050

intermediate term down The intermediate term trend has been DOWN since Aug 28th, 2018 at 203.395

short term down The short term trend has been DOWN since Oct 15th, 2018 at 199.100

Smart Scan Analysis for AUDHUF

Based on a pre-defined weighted trend formula for chart analysis, AUDHUF scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for AUDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
199.52500 200.02000 198.57000 198.85245 -0.67255
Prev. Close Volume Bid Ask Time
199.52500 198.77000 198.93490 2018-10-15 15:35:25
Want to analyze Australian Dollar/Hungarian Forint AUDHUF or another symbol? Try our Free Forex Trend Analysis Report.