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.
MarketClub’s Trade Triangles for NZDHUF
The long term trend has been DOWN since Mar 3rd, 2017 at 205.1495
The intermediate term trend has been UP since Dec 11th, 2017 at 183.8035
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).