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Forex Trend Analysis Report

Prepared for you on Tuesday, August 21, 2018.

Hungarian Forint/Icelandic Krona (FOREX:HUFISK)

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_HUFISK
Open High Low HUFISK Price Change
0.38425 0.38495 0.38355 0.38430 +0.00005
Entry Signal

MarketClub’s Trade Triangles for HUFISK

long term down The long term trend has been DOWN since Mar 23rd, 2018 at 0.39000

intermediate term down The intermediate term trend has been DOWN since Aug 20th, 2018 at 0.37910

short term up The short term trend has been UP since Aug 21st, 2018 at 0.38425

Smart Scan Analysis for HUFISK

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

-55
Smart Scan Analysis for HUFISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.38425 0.38495 0.38355 0.38430 +0.00005
Prev. Close Volume Bid Ask Time
0.38425 0.38300 0.38560 2018-08-21 12:22:16
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