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Forex Trend Analysis Report

Prepared for you on Sunday, January 20, 2019.

Hungarian Forint/Norwegian Krone (FOREX:HUFNOK)

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_HUFNOK
Open High Low HUFNOK Price Change
0.03040 0.03060 0.03040 0.03055 +0.00015
Entry Signal

MarketClub’s Trade Triangles for HUFNOK

long term up The long term trend has been UP since Nov 19th, 2018 at 0.03020

intermediate term down The intermediate term trend has been DOWN since Jan 15th, 2019 at 0.03025

short term up The short term trend has been UP since Jan 18th, 2019 at 0.03055

Smart Scan Analysis for HUFNOK

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

-55
Smart Scan Analysis for HUFNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03040 0.03060 0.03040 0.03055 +0.00015
Prev. Close Volume Bid Ask Time
0.03040 0.03050 0.03060 2019-01-18 13:05:17
Want to analyze Hungarian Forint/Norwegian Krone HUFNOK or another symbol? Try our Free Forex Trend Analysis Report.