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Forex Trend Analysis Report

Prepared for you on Wednesday, November 14, 2018.

Hungarian Forint/United Arab Emirates Dirham (FOREX:HUFAED)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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_HUFAED
Open High Low HUFAED Price Change
0.012852 0.012924 0.012812 0.012892 +0.000040
Entry Signal

MarketClub’s Trade Triangles for HUFAED

long term down The long term trend has been DOWN since Sep 28th, 2018 at 0.013201

intermediate term down The intermediate term trend has been DOWN since Sep 28th, 2018 at 0.013201

short term down The short term trend has been DOWN since Nov 9th, 2018 at 0.012977

Smart Scan Analysis for HUFAED

Based on a pre-defined weighted trend formula for chart analysis, HUFAED scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for HUFAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.012852 0.012924 0.012812 0.012892 +0.000040
Prev. Close Volume Bid Ask Time
0.012852 0.012860 0.012924 2018-11-14 18:33:57
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