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Forex Trend Analysis Report

Prepared for you on Wednesday, April 25, 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
0.003915 0.003915 0.003880 0.003885 -0.000030
Entry Signal

MarketClub’s Trade Triangles for HUFUSD

long term up The long term trend has been UP since Mar 27th, 2017 at 0.00351

intermediate term down The intermediate term trend has been DOWN since Apr 23rd, 2018 at 0.00391

short term down The short term trend has been DOWN since Apr 20th, 2018 at 0.00397

Smart Scan Analysis for HUFUSD

Based on a pre-defined weighted trend formula for chart analysis, HUFUSD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for HUFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.003915 0.003915 0.003880 0.003885 -0.000030
Prev. Close Volume Bid Ask Time
0.003915 0.003880 0.003890 2018-04-25 23:27:35
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