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Forex Trend Analysis Report

Prepared for you on Monday, November 19, 2018.

Hungarian Forint/Hong Kong Dollar (FOREX:HUFHKD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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_HUFHKD
Open High Low HUFHKD Price Change
0.027762 0.027933 0.027737 0.027922 +0.000160
Entry Signal

MarketClub’s Trade Triangles for HUFHKD

long term down The long term trend has been DOWN since Sep 28th, 2018 at 0.028094

intermediate term down The intermediate term trend has been DOWN since Sep 28th, 2018 at 0.028094

short term up The short term trend has been UP since Nov 15th, 2018 at 0.027592

Smart Scan Analysis for HUFHKD

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

-55
Smart Scan Analysis for HUFHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.027762 0.027933 0.027737 0.027922 +0.000160
Prev. Close Volume Bid Ask Time
0.027762 0.027853 0.027992 2018-11-19 18:39:20
Want to analyze Hungarian Forint/Hong Kong Dollar HUFHKD or another symbol? Try our Free Forex Trend Analysis Report.