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Forex Trend Analysis Report

Prepared for you on Friday, November 16, 2018.

Hong Kong Dollar/Hungarian Forint (FOREX:HKDHUF)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
36.27875 36.29245 35.98700 36.00960 -0.26915
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 up The intermediate term trend has been UP since Oct 4th, 2018 at 35.98440

short term down The short term trend has been DOWN since Nov 15th, 2018 at 36.24085

Smart Scan Analysis for HKDHUF

Based on a pre-defined weighted trend formula for chart analysis, HKDHUF scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for HKDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
36.27875 36.29245 35.98700 36.00960 -0.26915
Prev. Close Volume Bid Ask Time
36.27875 35.99570 36.02350 2018-11-16 12:41:21
Want to analyze Hong Kong Dollar/Hungarian Forint HKDHUF or another symbol? Try our Free Forex Trend Analysis Report.