Forex Trend Analysis Report
Prepared for you on Wednesday, September 20, 2017.
Hungarian Forint/Polish New Zloty (FOREX:HUFPLN)
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.
MarketClub’s Trade Triangles for HUFPLN
The long term trend has been UP since Jul 4th, 2017 at 0.01378
The intermediate term trend has been DOWN since Aug 31st, 2017 at 0.01390
The short term trend has been UP since Sep 19th, 2017 at 0.01389
Smart Scan Analysis for HUFPLN
Based on a pre-defined weighted trend formula for chart analysis, HUFPLN scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).