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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

Singapore Dollar/Hungarian Forint (FOREX:SGDHUF)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
207.5855 208.7615 207.4955 207.8790 +0.2935
Entry Signal

MarketClub’s Trade Triangles for SGDHUF

long term up The long term trend has been UP since Apr 26th, 2018 at 194.6835

intermediate term up The intermediate term trend has been UP since Nov 26th, 2018 at 207.8870

short term up The short term trend has been UP since Dec 11th, 2018 at 207.6755

Smart Scan Analysis for SGDHUF

Based on a pre-defined weighted trend formula for chart analysis, SGDHUF scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for SGDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
207.5855 208.7615 207.4955 207.8790 +0.2935
Prev. Close Volume Bid Ask Time
207.5855 207.7550 208.0030 2018-12-14 18:06:20
Want to analyze Singapore Dollar/Hungarian Forint SGDHUF or another symbol? Try our Free Forex Trend Analysis Report.