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Forex Trend Analysis Report

Prepared for you on Friday, July 20, 2018.

Australian Dollar/Hungarian Forint (FOREX:AUDHUF)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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
206.28590 206.69000 205.69500 205.78305 -0.50285
Entry Signal

MarketClub’s Trade Triangles for AUDHUF

long term up The long term trend has been UP since May 16th, 2018 at 201.060

intermediate term down The intermediate term trend has been DOWN since Jul 5th, 2018 at 204.905

short term down The short term trend has been DOWN since Jul 16th, 2018 at 204.925

Smart Scan Analysis for AUDHUF

Based on a pre-defined weighted trend formula for chart analysis, AUDHUF scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for AUDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
206.28590 206.69000 205.69500 205.78305 -0.50285
Prev. Close Volume Bid Ask Time
206.28590 205.57000 205.99610 2018-07-20 18:24:34
Want to analyze Australian Dollar/Hungarian Forint AUDHUF or another symbol? Try our Free Forex Trend Analysis Report.