Forex Trend Analysis Report
Prepared for you on Sunday, November 19, 2017.
Euro/Hungarian Forint (FOREX:EURHUF)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 EURHUF
The long term trend has been UP since Sep 21st, 2017 at 310.3005
The intermediate term trend has been UP since Nov 8th, 2017 at 312.0525
The short term trend has been UP since Nov 16th, 2017 at 312.5900
Smart Scan Analysis for EURHUF
Based on a pre-defined weighted trend formula for chart analysis, EURHUF scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).