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Forex Trend Analysis Report

Prepared for you on Wednesday, January 24, 2018.

Canadian Dollar/Hungarian Forint (FOREX:CADHUF)

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_CADHUF
Open High Low CADHUF Price Change
202.365 202.640 202.175 202.410 +0.045
Entry Signal

MarketClub’s Trade Triangles for CADHUF

long term down The long term trend has been DOWN since Jan 1st, 2018 at 203.65

intermediate term up The intermediate term trend has been UP since Jan 9th, 2018 at 208.22

short term down The short term trend has been DOWN since Jan 10th, 2018 at 206.41

Smart Scan Analysis for CADHUF

Based on a pre-defined weighted trend formula for chart analysis, CADHUF scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for CADHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
202.365 202.640 202.175 202.410 +0.045
Prev. Close Volume Bid Ask Time
202.365 202.400 202.420 2018-01-24 05:01:02
Want to analyze Canadian Dollar/Hungarian Forint CADHUF or another symbol? Try our Free Forex Trend Analysis Report.