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Forex Trend Analysis Report

Prepared for you on Saturday, April 21, 2018.

Hungarian Forint/Norwegian Krone (FOREX:HUFNOK)

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_HUFNOK
Open High Low HUFNOK Price Change
0.03105 0.03105 0.03090 0.03090 -0.00015
Entry Signal

MarketClub’s Trade Triangles for HUFNOK

long term down The long term trend has been DOWN since Mar 15th, 2018 at 0.03055

intermediate term up The intermediate term trend has been UP since Apr 3rd, 2018 at 0.03105

short term up The short term trend has been UP since Apr 10th, 2018 at 0.03085

Smart Scan Analysis for HUFNOK

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

+60
Smart Scan Analysis for HUFNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03105 0.03105 0.03090 0.03090 -0.00015
Prev. Close Volume Bid Ask Time
0.03105 0.03090 0.03090 2018-04-20 13:30:44
Want to analyze Hungarian Forint/Norwegian Krone HUFNOK or another symbol? Try our Free Forex Trend Analysis Report.