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Forex Trend Analysis Report

Prepared for you on Monday, December 10, 2018.

Hungarian Forint/Mexican Peso (FOREX:HUFMXN)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_HUFMXN
Open High Low HUFMXN Price Change
0.071585 0.071738 0.071567 0.071692 +0.000107
Entry Signal

MarketClub’s Trade Triangles for HUFMXN

long term up The long term trend has been UP since Oct 19th, 2018 at 0.068561

intermediate term down The intermediate term trend has been DOWN since Dec 2nd, 2018 at 0.070613

short term down The short term trend has been DOWN since Dec 7th, 2018 at 0.071399

Smart Scan Analysis for HUFMXN

Based on a pre-defined weighted trend formula for chart analysis, HUFMXN scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for HUFMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.071585 0.071738 0.071567 0.071692 +0.000107
Prev. Close Volume Bid Ask Time
0.071585 0.071512 0.071872 2018-12-10 03:29:11
Want to analyze Hungarian Forint/Mexican Peso HUFMXN or another symbol? Try our Free Forex Trend Analysis Report.