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Forex Trend Analysis Report

Prepared for you on Thursday, July 19, 2018.

Hungarian Forint/Polish New Zloty (FOREX:HUFPLN)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

Open High Low HUFPLN Price Change
0.013297 0.013308 0.013272 0.013274 -0.000023
Entry Signal

MarketClub’s Trade Triangles for HUFPLN

long term down The long term trend has been DOWN since Jun 11th, 2018 at 0.013295

intermediate term down The intermediate term trend has been DOWN since Jul 15th, 2018 at 0.013225

short term up The short term trend has been UP since Jul 16th, 2018 at 0.013377

Smart Scan Analysis for HUFPLN

Based on a pre-defined weighted trend formula for chart analysis, HUFPLN scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for HUFPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.013297 0.013308 0.013272 0.013274 -0.000023
Prev. Close Volume Bid Ask Time
0.013297 0.013271 0.013278 2018-07-19 07:49:28
Want to analyze Hungarian Forint/Polish New Zloty HUFPLN or another symbol? Try our Free Forex Trend Analysis Report.