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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

New Zealand Dollar/Hungarian Forint (FOREX:NZDHUF)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

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_NZDHUF
Open High Low NZDHUF Price Change
199.2525 199.6675 198.4535 198.6770 -0.5755
Entry Signal

MarketClub’s Trade Triangles for NZDHUF

long term up The long term trend has been UP since Nov 12th, 2019 at 194.5995

intermediate term up The intermediate term trend has been UP since Dec 20th, 2019 at 196.8115

short term down The short term trend has been DOWN since Jan 20th, 2020 at 199.1995

Smart Scan Analysis for NZDHUF

Based on a pre-defined weighted trend formula for chart analysis, NZDHUF scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for NZDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
199.2525 199.6675 198.4535 198.6770 -0.5755
Prev. Close Volume Bid Ask Time
199.2525 198.4520 198.9020 2020-01-21 22:55:29
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