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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

Canadian Dollar/Hungarian Forint (FOREX:CADHUF)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.

Open High Low CADHUF Price Change
213.055 214.725 212.895 213.960 +0.905
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 Oct 22nd, 2018 at 213.670

short term up The short term trend has been UP since Dec 14th, 2018 at 213.775

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).

Smart Scan Analysis for CADHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
213.055 214.725 212.895 213.960 +0.905
Prev. Close Volume Bid Ask Time
213.055 213.920 214.000 2018-12-14 18:06:47
Want to analyze Canadian Dollar/Hungarian Forint CADHUF or another symbol? Try our Free Forex Trend Analysis Report.