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Forex Trend Analysis Report

Prepared for you on Sunday, January 20, 2019.

Hong Kong Dollar/Hungarian Forint (FOREX:HKDHUF)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

Open High Low HKDHUF Price Change
35.6695 35.6825 35.6207 35.6268 -0.0427
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 Dec 19th, 2018 at 36.15225

short term down The short term trend has been DOWN since Jan 18th, 2019 at 35.72250

Smart Scan Analysis for HKDHUF

Based on a pre-defined weighted trend formula for chart analysis, HKDHUF scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for HKDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.6695 35.6825 35.6207 35.6268 -0.0427
Prev. Close Volume Bid Ask Time
35.6695 35.5874 35.6662 2019-01-20 22:01:46
Want to analyze Hong Kong Dollar/Hungarian Forint HKDHUF or another symbol? Try our Free Forex Trend Analysis Report.