Forex Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
Hungarian Forint/Czech Koruna (FOREX:HUFCZK)
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.
MarketClub’s Trade Triangles for HUFCZK
The long term trend has been UP since Oct 15th, 2018 at 0.080009
The intermediate term trend has been UP since Oct 15th, 2018 at 0.080009
The short term trend has been UP since Nov 14th, 2018 at 0.080752
Smart Scan Analysis for HUFCZK
Based on a pre-defined weighted trend formula for chart analysis, HUFCZK scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).