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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Hungarian Forint/Australian Dollar (FOREX:HUFAUD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_HUFAUD
Open High Low HUFAUD Price Change
0.00483115 0.00485884 0.00481822 0.00485397 +0.00002300
Entry Signal

MarketClub’s Trade Triangles for HUFAUD

long term down The long term trend has been DOWN since Sep 6th, 2019 at 0.00488000

intermediate term down The intermediate term trend has been DOWN since Dec 22nd, 2019 at 0.00485135

short term up The short term trend has been UP since Jan 21st, 2020 at 0.00483750

Smart Scan Analysis for HUFAUD

Based on a pre-defined weighted trend formula for chart analysis, HUFAUD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for HUFAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00483115 0.00485884 0.00481822 0.00485397 +0.00002300
Prev. Close Volume Bid Ask Time
0.00483115 0.00484668 0.00486126 2020-01-21 21:00:29
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