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Forex Trend Analysis Report

Prepared for you on Monday, November 19, 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
321.765 321.812 321.732 321.806 +0.041
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 Sep 18th, 2018 at 323.1345

short term down The short term trend has been DOWN since Nov 16th, 2018 at 321.7550

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
321.765 321.812 321.732 321.806 +0.041
Prev. Close Volume Bid Ask Time
321.765 321.454 322.158 2018-11-19 00:33:24
Want to analyze Euro/Hungarian Forint EURHUF or another symbol? Try our Free Forex Trend Analysis Report.