Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, January 22, 2019.

Hungarian Forint/US Dollar (FOREX:HUFUSD)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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
0.003578 0.003579 0.003565 0.003572 -0.000006
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 Dec 19th, 2018 at 0.003539

short term up The short term trend has been UP since Jan 18th, 2019 at 0.003570

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
0.003578 0.003579 0.003565 0.003572 -0.000006
Prev. Close Volume Bid Ask Time
0.003578 0.003570 0.003573 2019-01-22 15:30:36
Want to analyze Hungarian Forint/US Dollar HUFUSD or another symbol? Try our Free Forex Trend Analysis Report.