Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, December 13, 2018.

Hungarian Forint/Euro (FOREX:HUFEUR)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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_HUFEUR
Open High Low HUFEUR Price Change
0.003096 0.003096 0.003096 0.003096 0.000000
Entry Signal

MarketClub’s Trade Triangles for HUFEUR

long term down The long term trend has been DOWN since May 1st, 2018 at 0.003180

intermediate term down The intermediate term trend has been DOWN since Nov 26th, 2018 at 0.003091

short term down The short term trend has been DOWN since Dec 5th, 2018 at 0.003087

Smart Scan Analysis for HUFEUR

Based on a pre-defined weighted trend formula for chart analysis, HUFEUR scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-80
Smart Scan Analysis for HUFEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.003096 0.003096 0.003096 0.003096 0.000000
Prev. Close Volume Bid Ask Time
0.003096 0.003093 0.003099 2018-12-13 00:00:13
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