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Forex Trend Analysis Report

Prepared for you on Friday, January 19, 2018.

Australian Dollar/Hungarian Forint (FOREX:AUDHUF)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

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
201.5900 201.7300 201.4800 201.5631 -0.0269
Entry Signal

MarketClub’s Trade Triangles for AUDHUF

long term down The long term trend has been DOWN since Apr 23rd, 2017 at 216.095

intermediate term down The intermediate term trend has been DOWN since Jan 12th, 2018 at 200.005

short term up The short term trend has been UP since Jan 17th, 2018 at 201.290

Smart Scan Analysis for AUDHUF

Based on a pre-defined weighted trend formula for chart analysis, AUDHUF scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for AUDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
201.5900 201.7300 201.4800 201.5631 -0.0269
Prev. Close Volume Bid Ask Time
201.59 201.3001 201.8261 2018-01-19 02:33:38
Want to analyze Australian Dollar/Hungarian Forint AUDHUF or another symbol? Try our Free Forex Trend Analysis Report.