Forex Trend Analysis Report
Prepared for you on Sunday, June 17, 2018.
Norwegian Krone/Hungarian Forint (FOREX:NOKHUF)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
MarketClub’s Trade Triangles for NOKHUF
The long term trend has been UP since Mar 2nd, 2018 at 32.69760
The intermediate term trend has been UP since May 3rd, 2018 at 32.55685
The short term trend has been UP since Jun 8th, 2018 at 33.64695
Smart Scan Analysis for NOKHUF
Based on a pre-defined weighted trend formula for chart analysis, NOKHUF scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).