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Forex Trend Analysis Report

Prepared for you on Sunday, January 19, 2020.

United Arab Emirates Dirham/Hungarian Forint (FOREX:AEDHUF)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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_AEDHUF
Open High Low AEDHUF Price Change
81.84090 82.62687 81.76522 82.55881 +0.71791
Entry Signal

MarketClub’s Trade Triangles for AEDHUF

long term up The long term trend has been UP since Apr 1st, 2019 at 78.05550

intermediate term up The intermediate term trend has been UP since Jan 9th, 2020 at 81.68366

short term up The short term trend has been UP since Jan 17th, 2020 at 82.05189

Smart Scan Analysis for AEDHUF

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

+100
Smart Scan Analysis for AEDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
81.84090 82.62687 81.76522 82.55881 +0.71791
Prev. Close Volume Bid Ask Time
81.84090 82.52614 82.59147 2020-01-17 17:14:40
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