Forex Trend Analysis Report
Prepared for you on Friday, November 17, 2017.
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.
MarketClub’s Trade Triangles for CADHUF
The long term trend has been UP since Sep 12th, 2017 at 212.000
The intermediate term trend has been UP since Nov 6th, 2017 at 210.035
The short term trend has been DOWN since Nov 13th, 2017 at 210.470
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).