Forex Trend Analysis Report
Prepared for you on Monday, November 12, 2018.
Hungarian Forint/Polish New Zloty (FOREX:HUFPLN)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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.
MarketClub’s Trade Triangles for HUFPLN
The long term trend has been UP since Nov 1st, 2018 at 0.013392
The intermediate term trend has been UP since Oct 3rd, 2018 at 0.013324
The short term trend has been DOWN since Nov 7th, 2018 at 0.013359
Smart Scan Analysis for HUFPLN
Based on a pre-defined weighted trend formula for chart analysis, HUFPLN scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).