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Forex Trend Analysis Report

Prepared for you on Friday, December 15, 2017.

British Pound/Hungarian Forint (FOREX:GBPHUF)

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.

FOREX_GBPHUF
Open High Low GBPHUF Price Change
358.40000 358.69200 354.00000 355.53750 -2.86250
Entry Signal

MarketClub’s Trade Triangles for GBPHUF

long term up The long term trend has been UP since Sep 27th, 2017 at 355.850

intermediate term up The intermediate term trend has been UP since Oct 30th, 2017 at 352.015

short term down The short term trend has been DOWN since Dec 15th, 2017 at 355.315

Smart Scan Analysis for GBPHUF

Based on a pre-defined weighted trend formula for chart analysis, GBPHUF scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for GBPHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
358.40000 358.69200 354.00000 355.53750 -2.86250
Prev. Close Volume Bid Ask Time
358.4 354.63500 356.43999 2017-12-15 22:20:15
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