Forex Trend Analysis Report
Prepared for you on Sunday, December 16, 2018.
Norwegian Krone/Hungarian Forint (FOREX:NOKHUF)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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 DOWN since Sep 7th, 2018 at 33.13205
The intermediate term trend has been DOWN since Oct 23rd, 2018 at 33.99835
The short term trend has been DOWN since Dec 10th, 2018 at 33.25760
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).