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Forex Trend Analysis Report

Prepared for you on Sunday, January 20, 2019.

Hungarian Forint/Singapore Dollar (FOREX:HUFSGD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

FOREX_HUFSGD
Open High Low HUFSGD Price Change
0.004835 0.004865 0.004832 0.004854 +0.000019
Entry Signal

MarketClub’s Trade Triangles for HUFSGD

long term down The long term trend has been DOWN since Oct 24th, 2018 at 0.004872

intermediate term down The intermediate term trend has been DOWN since Jan 2nd, 2019 at 0.004790

short term up The short term trend has been UP since Jan 18th, 2019 at 0.004839

Smart Scan Analysis for HUFSGD

Based on a pre-defined weighted trend formula for chart analysis, HUFSGD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for HUFSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.004835 0.004865 0.004832 0.004854 +0.000019
Prev. Close Volume Bid Ask Time
0.004835 0.004658 0.005050 2019-01-18 18:06:45
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