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Forex Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

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

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.

FOREX_HUFAED
Open High Low HUFAED Price Change
0.013028 0.013076 0.012974 0.013072 +0.000044
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 up The intermediate term trend has been UP since Jan 9th, 2019 at 0.013149

short term down The short term trend has been DOWN since Jan 15th, 2019 at 0.013075

Smart Scan Analysis for HUFAED

Based on a pre-defined weighted trend formula for chart analysis, HUFAED scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for HUFAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.013028 0.013076 0.012974 0.013072 +0.000044
Prev. Close Volume Bid Ask Time
0.013028 0.013038 0.013106 2019-01-17 09:39:24
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