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Forex Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

New Zealand Dollar/Hungarian Forint (FOREX:NZDHUF)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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
190.7900 190.7900 188.7605 189.9050 -0.8850
Entry Signal

MarketClub’s Trade Triangles for NZDHUF

long term up The long term trend has been UP since Nov 1st, 2018 at 188.6615

intermediate term up The intermediate term trend has been UP since Jan 13th, 2019 at 191.4745

short term down The short term trend has been DOWN since Jan 17th, 2019 at 190.2890

Smart Scan Analysis for NZDHUF

Based on a pre-defined weighted trend formula for chart analysis, NZDHUF scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for NZDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
190.7900 190.7900 188.7605 189.9050 -0.8850
Prev. Close Volume Bid Ask Time
190.7900 189.6740 190.1360 2019-01-17 20:28:12
Want to analyze New Zealand Dollar/Hungarian Forint NZDHUF or another symbol? Try our Free Forex Trend Analysis Report.