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Forex Trend Analysis Report

Prepared for you on Tuesday, July 17, 2018.

Hong Kong Dollar/Hungarian Forint (FOREX:HKDHUF)

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_HKDHUF
Open High Low HKDHUF Price Change
35.16265 35.17075 35.02975 35.15645 -0.00620
Entry Signal

MarketClub’s Trade Triangles for HKDHUF

long term up The long term trend has been UP since May 1st, 2018 at 33.10550

intermediate term down The intermediate term trend has been DOWN since Jul 9th, 2018 at 34.96275

short term down The short term trend has been DOWN since Jul 16th, 2018 at 35.19525

Smart Scan Analysis for HKDHUF

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

-60
Smart Scan Analysis for HKDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.16265 35.17075 35.02975 35.15645 -0.00620
Prev. Close Volume Bid Ask Time
35.16265 35.14260 35.17030 2018-07-17 09:43:55
Want to analyze Hong Kong Dollar/Hungarian Forint HKDHUF or another symbol? Try our Free Forex Trend Analysis Report.