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Forex Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

Hungarian Forint/Japanese Yen (FOREX:HUFJPY)

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_HUFJPY
Open High Low HUFJPY Price Change
0.39706 0.39886 0.39695 0.39872 +0.00166
Entry Signal

MarketClub’s Trade Triangles for HUFJPY

long term up The long term trend has been UP since Sep 21st, 2018 at 0.41044

intermediate term down The intermediate term trend has been DOWN since Nov 27th, 2018 at 0.39558

short term up The short term trend has been UP since Dec 10th, 2018 at 0.39834

Smart Scan Analysis for HUFJPY

Based on a pre-defined weighted trend formula for chart analysis, HUFJPY scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for HUFJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.39706 0.39886 0.39695 0.39872 +0.00166
Prev. Close Volume Bid Ask Time
0.39706 0.39772 0.39972 2018-12-11 07:58:26
Want to analyze Hungarian Forint/Japanese Yen HUFJPY or another symbol? Try our Free Forex Trend Analysis Report.