Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, November 12, 2018.

Hungarian Forint/Singapore Dollar (FOREX:HUFSGD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
0.004856 0.004857 0.004826 0.004829 -0.000027
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 Oct 24th, 2018 at 0.004872

short term down The short term trend has been DOWN since Nov 9th, 2018 at 0.004863

Smart Scan Analysis for HUFSGD

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

-100
Smart Scan Analysis for HUFSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.004856 0.004857 0.004826 0.004829 -0.000027
Prev. Close Volume Bid Ask Time
0.004856 0.004630 0.005027 2018-11-12 14:56:25
Want to analyze Hungarian Forint/Singapore Dollar HUFSGD or another symbol? Try our Free Forex Trend Analysis Report.