Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Friday, January 17, 2020.
Hungarian Forint/British Pound (FOREX:HUFGBP)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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 HUFGBP
The long term trend has been DOWN since Sep 5th, 2019 at 0.00271600
The intermediate term trend has been DOWN since Jan 17th, 2020 at 0.00253865
The short term trend has been DOWN since Jan 17th, 2020 at 0.00254319
Smart Scan Analysis for HUFGBP
Based on a pre-defined weighted trend formula for chart analysis, HUFGBP scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00254518 | 0.00254703 | 0.00252803 | 0.00253349 | -0.00001200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00254518 | 0.00252622 | 0.00254076 | 2020-01-17 13:31:28 |