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Forex Trend Analysis Report

Prepared for you on Monday, September 24, 2018.

Canadian Dollar/Hungarian Forint (FOREX:CADHUF)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_CADHUF
Open High Low CADHUF Price Change
213.650 213.685 212.120 212.715 -0.935
Entry Signal

MarketClub’s Trade Triangles for CADHUF

long term up The long term trend has been UP since May 1st, 2018 at 203.15

intermediate term down The intermediate term trend has been DOWN since Sep 6th, 2018 at 213.23

short term down The short term trend has been DOWN since Sep 18th, 2018 at 212.32

Smart Scan Analysis for CADHUF

Based on a pre-defined weighted trend formula for chart analysis, CADHUF scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for CADHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
213.650 213.685 212.120 212.715 -0.935
Prev. Close Volume Bid Ask Time
213.650 212.700 212.730 2018-09-24 20:51:50
Want to analyze Canadian Dollar/Hungarian Forint CADHUF or another symbol? Try our Free Forex Trend Analysis Report.