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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

Hungarian Forint/Canadian Dollar (FOREX:HUFCAD)

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_HUFCAD
Open High Low HUFCAD Price Change
0.004694 0.004698 0.004656 0.004674 -0.000020
Entry Signal

MarketClub’s Trade Triangles for HUFCAD

long term down The long term trend has been DOWN since May 1st, 2018 at 0.004920

intermediate term up The intermediate term trend has been UP since Oct 22nd, 2018 at 0.004680

short term down The short term trend has been DOWN since Dec 14th, 2018 at 0.004678

Smart Scan Analysis for HUFCAD

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

+55
Smart Scan Analysis for HUFCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.004694 0.004698 0.004656 0.004674 -0.000020
Prev. Close Volume Bid Ask Time
0.004694 0.004673 0.004675 2018-12-14 18:06:47
Want to analyze Hungarian Forint/Canadian Dollar HUFCAD or another symbol? Try our Free Forex Trend Analysis Report.