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Forex Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

Turkish Lira/Hungarian Forint (FOREX:TRYHUF)

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_TRYHUF
Open High Low TRYHUF Price Change
53.4450 53.5110 52.6390 53.3885 -0.0565
Entry Signal

MarketClub’s Trade Triangles for TRYHUF

long term down The long term trend has been DOWN since Jul 3rd, 2017 at 76.4445

intermediate term up The intermediate term trend has been UP since Sep 27th, 2018 at 46.3170

short term down The short term trend has been DOWN since Dec 3rd, 2018 at 54.4845

Smart Scan Analysis for TRYHUF

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

-65
Smart Scan Analysis for TRYHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
53.4450 53.5110 52.6390 53.3885 -0.0565
Prev. Close Volume Bid Ask Time
53.4450 53.2910 53.4860 2018-12-11 22:37:41
Want to analyze Turkish Lira/Hungarian Forint TRYHUF or another symbol? Try our Free Forex Trend Analysis Report.