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Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

Hungarian Forint/Swiss Franc (FOREX:HUFCHF)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_HUFCHF
Open High Low HUFCHF Price Change
0.003562 0.003564 0.003547 0.003554 -0.000008
Entry Signal

MarketClub’s Trade Triangles for HUFCHF

long term down The long term trend has been DOWN since May 23rd, 2018 at 0.003652

intermediate term up The intermediate term trend has been UP since Sep 24th, 2018 at 0.003503

short term up The short term trend has been UP since Oct 11th, 2018 at 0.003521

Smart Scan Analysis for HUFCHF

Based on a pre-defined weighted trend formula for chart analysis, HUFCHF scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for HUFCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.003562 0.003564 0.003547 0.003554 -0.000008
Prev. Close Volume Bid Ask Time
0.003562 0.003552 0.003557 2018-10-17 18:35:47
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