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.
MarketClub’s Trade Triangles for HUFPLN
The long term trend has been DOWN since Jun 11th, 2018 at 0.013295
The intermediate term trend has been DOWN since Jul 15th, 2018 at 0.013225
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).