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Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

Turkish Lira/Hungarian Forint (FOREX:TRYHUF)

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.

Open High Low TRYHUF Price Change
49.0075 50.3895 48.8250 50.0640 +1.0565
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 up The short term trend has been UP since Oct 9th, 2018 at 46.3730

Smart Scan Analysis for TRYHUF

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

Smart Scan Analysis for TRYHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
49.0075 50.3895 48.8250 50.0640 +1.0565
Prev. Close Volume Bid Ask Time
49.0075 49.9430 50.1850 2018-10-17 21:19:44
Want to analyze Turkish Lira/Hungarian Forint TRYHUF or another symbol? Try our Free Forex Trend Analysis Report.