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Forex Trend Analysis Report

Prepared for you on Tuesday, September 25, 2018.

Singapore Dollar/Hungarian Forint (FOREX:SGDHUF)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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_SGDHUF
Open High Low SGDHUF Price Change
201.8070 202.1585 201.1585 201.6985 -0.1085
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 down The intermediate term trend has been DOWN since Sep 7th, 2018 at 202.6650

short term down The short term trend has been DOWN since Sep 13th, 2018 at 202.4540

Smart Scan Analysis for SGDHUF

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

-60
Smart Scan Analysis for SGDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
201.8070 202.1585 201.1585 201.6985 -0.1085
Prev. Close Volume Bid Ask Time
201.8070 201.6030 201.7940 2018-09-25 15:28:30
Want to analyze Singapore Dollar/Hungarian Forint SGDHUF or another symbol? Try our Free Forex Trend Analysis Report.