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Forex Trend Analysis Report

Prepared for you on Wednesday, April 25, 2018.

Singapore Dollar/Hungarian Forint (FOREX:SGDHUF)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_SGDHUF
Open High Low SGDHUF Price Change
193.1575 193.2555 193.0730 193.1120 -0.0455
Entry Signal

MarketClub’s Trade Triangles for SGDHUF

long term down The long term trend has been DOWN since Jan 12th, 2018 at 191.2865

intermediate term down The intermediate term trend has been DOWN since Apr 16th, 2018 at 191.6970

short term up The short term trend has been UP since Apr 20th, 2018 at 192.0835

Smart Scan Analysis for SGDHUF

Based on a pre-defined weighted trend formula for chart analysis, SGDHUF scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for SGDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
193.1575 193.2555 193.0730 193.1120 -0.0455
Prev. Close Volume Bid Ask Time
193.1575 192.8640 193.3600 2018-04-25 02:24:53
Want to analyze Singapore Dollar/Hungarian Forint SGDHUF or another symbol? Try our Free Forex Trend Analysis Report.