Forex Trend Analysis Report
Prepared for you on Tuesday, September 18, 2018.
Hungarian Forint/Argentine Peso (FOREX:HUFARS)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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.
MarketClub’s Trade Triangles for HUFARS
The long term trend has been UP since Dec 21st, 2017 at 0.068025
The intermediate term trend has been UP since May 3rd, 2018 at 0.080980
The short term trend has been UP since Sep 11th, 2018 at 0.134270
Smart Scan Analysis for HUFARS
Based on a pre-defined weighted trend formula for chart analysis, HUFARS scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).