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Forex Trend Analysis Report

Prepared for you on Wednesday, January 17, 2018.

Hungarian Forint/Argentine Peso (FOREX:HUFARS)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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_HUFARS
Open High Low HUFARS Price Change
0.07494 0.07497 0.07466 0.07478 -0.00016
Entry Signal

MarketClub’s Trade Triangles for HUFARS

long term up The long term trend has been UP since Dec 21st, 2017 at 0.068025

intermediate term up The intermediate term trend has been UP since Dec 20th, 2017 at 0.066775

short term up The short term trend has been UP since Jan 15th, 2018 at 0.073740

Smart Scan Analysis for HUFARS

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

+100
Smart Scan Analysis for HUFARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.07494 0.07497 0.07466 0.07478 -0.00016
Prev. Close Volume Bid Ask Time
0.07494 0.07472 0.07484 2018-01-17 05:24:51
Want to analyze Hungarian Forint/Argentine Peso HUFARS or another symbol? Try our Free Forex Trend Analysis Report.