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Forex Trend Analysis Report

Prepared for you on Sunday, November 18, 2018.

Hungarian Forint/US Dollar (FOREX:HUFUSD)

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_HUFUSD
Open High Low HUFUSD Price Change
0.003551 0.003551 0.003544 0.003544 -0.000007
Entry Signal

MarketClub’s Trade Triangles for HUFUSD

long term down The long term trend has been DOWN since Apr 30th, 2018 at 0.003850

intermediate term down The intermediate term trend has been DOWN since Oct 4th, 2018 at 0.003541

short term up The short term trend has been UP since Nov 15th, 2018 at 0.003522

Smart Scan Analysis for HUFUSD

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

-65
Smart Scan Analysis for HUFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.003551 0.003551 0.003544 0.003544 -0.000007
Prev. Close Volume Bid Ask Time
0.003551 0.003541 0.003548 2018-11-18 23:41:01
Want to analyze Hungarian Forint/US Dollar HUFUSD or another symbol? Try our Free Forex Trend Analysis Report.