Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Saturday, January 25, 2020.
Hungarian Forint/Euro (FOREX:HUFEUR)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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.
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MarketClub’s Trade Triangles for HUFEUR
The long term trend has been DOWN since Apr 30th, 2019 at 0.00308700
The intermediate term trend has been DOWN since Jan 9th, 2020 at 0.00300725
The short term trend has been DOWN since Jan 23rd, 2020 at 0.00296682
Smart Scan Analysis for HUFEUR
Based on a pre-defined weighted trend formula for chart analysis, HUFEUR scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00296824 | 0.00298036 | 0.00296817 | 0.00297447 | +0.00000600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00296824 | 0.00297112 | 0.00297782 | 2020-01-24 17:07:12 |