Forex Trend Analysis Report
Prepared for you on Saturday, December 15, 2018.
Swiss Franc/Hungarian Forint (FOREX:CHFHUF)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.
MarketClub’s Trade Triangles for CHFHUF
The long term trend has been UP since May 23rd, 2018 at 273.720
The intermediate term trend has been UP since Nov 26th, 2018 at 285.435
The short term trend has been DOWN since Dec 12th, 2018 at 285.770
Smart Scan Analysis for CHFHUF
Based on a pre-defined weighted trend formula for chart analysis, CHFHUF scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).