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Forex Trend Analysis Report

Prepared for you on Thursday, February 22, 2018.

New Zealand Dollar/Hungarian Forint (FOREX:NZDHUF)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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
186.0555 186.8280 185.7110 185.8530 -0.2025
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 Feb 18th, 2018 at 185.5535

short term up The short term trend has been UP since Feb 9th, 2018 at 184.1960

Smart Scan Analysis for NZDHUF

Based on a pre-defined weighted trend formula for chart analysis, NZDHUF scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for NZDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
186.0555 186.8280 185.7110 185.8530 -0.2025
Prev. Close Volume Bid Ask Time
186.0555 185.6080 186.0980 2018-02-22 21:57:17
Want to analyze New Zealand Dollar/Hungarian Forint NZDHUF or another symbol? Try our Free Forex Trend Analysis Report.