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Forex Trend Analysis Report

Prepared for you on Thursday, July 19, 2018.

Hungarian Forint/US Dollar (FOREX:HUFUSD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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
0.003590 0.003594 0.003565 0.003567 -0.000023
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 up The intermediate term trend has been UP since Jul 9th, 2018 at 0.003645

short term down The short term trend has been DOWN since Jul 18th, 2018 at 0.003600

Smart Scan Analysis for HUFUSD

Based on a pre-defined weighted trend formula for chart analysis, HUFUSD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for HUFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.003590 0.003594 0.003565 0.003567 -0.000023
Prev. Close Volume Bid Ask Time
0.003590 0.003566 0.003569 2018-07-19 07:53:43
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