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Forex Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

Hungarian Forint/Swedish Krona (FOREX:HUFSEK)

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.

FOREX_HUFSEK
Open High Low HUFSEK Price Change
0.031888 0.031934 0.031787 0.031846 -0.000042
Entry Signal

MarketClub’s Trade Triangles for HUFSEK

long term down The long term trend has been DOWN since Nov 13th, 2018 at 0.031709

intermediate term down The intermediate term trend has been DOWN since Nov 27th, 2018 at 0.031600

short term up The short term trend has been UP since Dec 7th, 2018 at 0.031751

Smart Scan Analysis for HUFSEK

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

-85
Smart Scan Analysis for HUFSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.031888 0.031934 0.031787 0.031846 -0.000042
Prev. Close Volume Bid Ask Time
0.031888 0.031767 0.031926 2018-12-11 07:10:23
Want to analyze Hungarian Forint/Swedish Krona HUFSEK or another symbol? Try our Free Forex Trend Analysis Report.