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Forex Trend Analysis Report

Prepared for you on Wednesday, August 15, 2018.

New Zealand Dollar/Hungarian Forint (FOREX:NZDHUF)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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_NZDHUF
Open High Low NZDHUF Price Change
186.7750 188.6615 186.2710 187.7060 +0.9310
Entry Signal

MarketClub’s Trade Triangles for NZDHUF

long term up The long term trend has been UP since May 18th, 2018 at 186.8280

intermediate term down The intermediate term trend has been DOWN since Jul 2nd, 2018 at 190.3235

short term up The short term trend has been UP since Aug 10th, 2018 at 186.4830

Smart Scan Analysis for NZDHUF

Based on a pre-defined weighted trend formula for chart analysis, NZDHUF scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for NZDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
186.7750 188.6615 186.2710 187.7060 +0.9310
Prev. Close Volume Bid Ask Time
186.7750 187.6120 187.8000 2018-08-15 14:24:14
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