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Forex Trend Analysis Report

Prepared for you on Tuesday, September 18, 2018.

Hungarian Forint/Danish Krone (FOREX:HUFDKK)

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_HUFDKK
Open High Low HUFDKK Price Change
0.022950 0.023110 0.022937 0.023040 +0.000090
Entry Signal

MarketClub’s Trade Triangles for HUFDKK

long term down The long term trend has been DOWN since Sep 25th, 2017 at 0.023945

intermediate term up The intermediate term trend has been UP since Sep 18th, 2018 at 0.023083

short term up The short term trend has been UP since Sep 13th, 2018 at 0.023023

Smart Scan Analysis for HUFDKK

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

+70
Smart Scan Analysis for HUFDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.022950 0.023110 0.022937 0.023040 +0.000090
Prev. Close Volume Bid Ask Time
0.022950 0.023015 0.023065 2018-09-18 20:54:22
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