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Forex Trend Analysis Report

Prepared for you on Tuesday, May 22, 2018.

Swiss Franc/Hungarian Forint (FOREX:CHFHUF)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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_CHFHUF
Open High Low CHFHUF Price Change
270.520 271.015 268.880 269.005 -1.515
Entry Signal

MarketClub’s Trade Triangles for CHFHUF

long term down The long term trend has been DOWN since Apr 16th, 2018 at 261.060

intermediate term up The intermediate term trend has been UP since May 8th, 2018 at 263.945

short term up The short term trend has been UP since May 15th, 2018 at 264.530

Smart Scan Analysis for CHFHUF

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

+60
Smart Scan Analysis for CHFHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
270.520 271.015 268.880 269.005 -1.515
Prev. Close Volume Bid Ask Time
270.520 268.880 269.130 2018-05-22 05:47:57
Want to analyze Swiss Franc/Hungarian Forint CHFHUF or another symbol? Try our Free Forex Trend Analysis Report.