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Forex Trend Analysis Report

Prepared for you on Wednesday, June 20, 2018.

New Zealand Dollar/Hungarian Forint (FOREX:NZDHUF)

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_NZDHUF
Open High Low NZDHUF Price Change
192.3790 192.8320 191.7865 191.8950 -0.4840
Entry Signal

MarketClub’s Trade Triangles for NZDHUF

long term up The long term trend has been UP since May 18th, 2018 at 186.828

intermediate term up The intermediate term trend has been UP since May 9th, 2018 at 185.540

short term down The short term trend has been DOWN since Jun 19th, 2018 at 192.601

Smart Scan Analysis for NZDHUF

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

+75
Smart Scan Analysis for NZDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
192.3790 192.8320 191.7865 191.8950 -0.4840
Prev. Close Volume Bid Ask Time
192.3790 191.6900 192.1000 2018-06-20 15:12:15
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