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Forex Trend Analysis Report

Prepared for you on Saturday, April 21, 2018.

Euro/Hungarian Forint (FOREX:EURHUF)

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_EURHUF
Open High Low EURHUF Price Change
310.2335 310.9405 310.0005 310.8235 +0.5900
Entry Signal

MarketClub’s Trade Triangles for EURHUF

long term up The long term trend has been UP since Sep 21st, 2017 at 310.3005

intermediate term down The intermediate term trend has been DOWN since Mar 15th, 2018 at 310.7660

short term down The short term trend has been DOWN since Apr 16th, 2018 at 310.5275

Smart Scan Analysis for EURHUF

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

-60
Smart Scan Analysis for EURHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
310.2335 310.9405 310.0005 310.8235 +0.5900
Prev. Close Volume Bid Ask Time
310.2335 310.5890 311.0580 2018-04-20 23:45:01
Want to analyze Euro/Hungarian Forint EURHUF or another symbol? Try our Free Forex Trend Analysis Report.