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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

Canadian Dollar/Hungarian Forint (FOREX:CADHUF)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_CADHUF
Open High Low CADHUF Price Change
210.345 211.500 210.165 211.360 +1.015
Entry Signal

MarketClub’s Trade Triangles for CADHUF

long term up The long term trend has been UP since May 1st, 2018 at 203.150

intermediate term down The intermediate term trend has been DOWN since Jul 16th, 2018 at 208.875

short term up The short term trend has been UP since Jul 18th, 2018 at 210.880

Smart Scan Analysis for CADHUF

Based on a pre-defined weighted trend formula for chart analysis, CADHUF scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for CADHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
210.345 211.500 210.165 211.360 +1.015
Prev. Close Volume Bid Ask Time
210.345 211.350 211.370 2018-07-18 20:20:58
Want to analyze Canadian Dollar/Hungarian Forint CADHUF or another symbol? Try our Free Forex Trend Analysis Report.