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Forex Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

Japanese Yen/Hungarian Forint (FOREX:JPYHUF)

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_JPYHUF
Open High Low JPYHUF Price Change
2.51865 2.51960 2.51190 2.51215 -0.00650
Entry Signal

MarketClub’s Trade Triangles for JPYHUF

long term up The long term trend has been UP since Oct 2nd, 2018 at 2.47345

intermediate term up The intermediate term trend has been UP since Nov 27th, 2018 at 2.52880

short term down The short term trend has been DOWN since Dec 10th, 2018 at 2.51000

Smart Scan Analysis for JPYHUF

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

+75
Smart Scan Analysis for JPYHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.51865 2.51960 2.51190 2.51215 -0.00650
Prev. Close Volume Bid Ask Time
2.51865 2.51040 2.51390 2018-12-11 06:21:29
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