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Forex Trend Analysis Report

Prepared for you on Friday, January 17, 2020.

Australian Dollar/Hungarian Forint (FOREX:AUDHUF)

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_AUDHUF
Open High Low AUDHUF Price Change
207.235 208.600 207.205 208.520 +1.285
Entry Signal

MarketClub’s Trade Triangles for AUDHUF

long term up The long term trend has been UP since Sep 6th, 2019 at 204.83000

intermediate term up The intermediate term trend has been UP since Dec 23rd, 2019 at 206.32500

short term up The short term trend has been UP since Jan 9th, 2020 at 205.45105

Smart Scan Analysis for AUDHUF

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

+100
Smart Scan Analysis for AUDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
207.235 208.600 207.205 208.520 +1.285
Prev. Close Volume Bid Ask Time
207.235 208.440 208.600 2020-01-17 13:34:17
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