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Forex Trend Analysis Report

Prepared for you on Tuesday, January 22, 2019.

Euro/Hungarian Forint (FOREX:EURHUF)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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.

FOREX_EURHUF
Open High Low EURHUF Price Change
317.5165 318.3200 317.5135 318.2000 +0.6835
Entry Signal

MarketClub’s Trade Triangles for EURHUF

long term down The long term trend has been DOWN since Dec 24th, 2018 at 320.9470

intermediate term down The intermediate term trend has been DOWN since Jan 17th, 2019 at 320.7360

short term down The short term trend has been DOWN since Jan 17th, 2019 at 321.0905

Smart Scan Analysis for EURHUF

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

-100
Smart Scan Analysis for EURHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
317.5165 318.3200 317.5135 318.2000 +0.6835
Prev. Close Volume Bid Ask Time
317.5165 318.0750 318.3250 2019-01-22 16:26:12
Want to analyze Euro/Hungarian Forint EURHUF or another symbol? Try our Free Forex Trend Analysis Report.