Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

New Zealand Dollar/Hungarian Forint (FOREX:NZDHUF)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
183.2835 183.3445 183.2355 183.2885 +0.0050
Entry Signal

MarketClub’s Trade Triangles for NZDHUF

long term down The long term trend has been DOWN since Sep 10th, 2018 at 183.2520

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 Oct 9th, 2018 at 183.0350

Smart Scan Analysis for NZDHUF

Based on a pre-defined weighted trend formula for chart analysis, NZDHUF scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for NZDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
183.2835 183.3445 183.2355 183.2885 +0.0050
Prev. Close Volume Bid Ask Time
183.2835 183.0630 183.5140 2018-10-17 01:30:48
Want to analyze New Zealand Dollar/Hungarian Forint NZDHUF or another symbol? Try our Free Forex Trend Analysis Report.