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Forex Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

Hungarian Forint/Icelandic Krona (FOREX:HUFISK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.

Open High Low HUFISK Price Change
0.41700 0.41980 0.41700 0.41955 +0.00255
Entry Signal

MarketClub’s Trade Triangles for HUFISK

long term up The long term trend has been UP since Sep 6th, 2018 at 0.39300

intermediate term up The intermediate term trend has been UP since Sep 4th, 2018 at 0.38715

short term down The short term trend has been DOWN since Oct 19th, 2018 at 0.41680

Smart Scan Analysis for HUFISK

Based on a pre-defined weighted trend formula for chart analysis, HUFISK scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for HUFISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.41700 0.41980 0.41700 0.41955 +0.00255
Prev. Close Volume Bid Ask Time
0.41700 0.41820 0.42090 2018-10-22 14:45:02
Want to analyze Hungarian Forint/Icelandic Krona HUFISK or another symbol? Try our Free Forex Trend Analysis Report.