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Forex Trend Analysis Report

Prepared for you on Monday, December 11, 2017.

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
183.4635 184.4250 183.4125 184.3030 +0.8395
Entry Signal

MarketClub’s Trade Triangles for NZDHUF

long term down The long term trend has been DOWN since Mar 3rd, 2017 at 205.1495

intermediate term up The intermediate term trend has been UP since Dec 11th, 2017 at 183.8035

short term up The short term trend has been UP since Dec 11th, 2017 at 183.7215

Smart Scan Analysis for NZDHUF

Based on a pre-defined weighted trend formula for chart analysis, NZDHUF scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for NZDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
183.4635 184.4250 183.4125 184.3030 +0.8395
Prev. Close Volume Bid Ask Time
183.4635 184.2070 184.3990 2017-12-11 04:20:25
Want to analyze New Zealand Dollar/Hungarian Forint NZDHUF or another symbol? Try our Free Forex Trend Analysis Report.