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Forex Trend Analysis Report

Prepared for you on Wednesday, January 29, 2020.

United Arab Emirates Dirham/Hungarian Forint (FOREX:AEDHUF)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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_AEDHUF
Open High Low AEDHUF Price Change
83.55440 83.73380 83.44632 83.45203 -0.10237
Entry Signal

MarketClub’s Trade Triangles for AEDHUF

long term up The long term trend has been UP since Apr 1st, 2019 at 78.05550

intermediate term up The intermediate term trend has been UP since Jan 9th, 2020 at 81.68366

short term up The short term trend has been UP since Jan 17th, 2020 at 82.05189

Smart Scan Analysis for AEDHUF

Based on a pre-defined weighted trend formula for chart analysis, AEDHUF scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for AEDHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
83.55440 83.73380 83.44632 83.45203 -0.10237
Prev. Close Volume Bid Ask Time
83.55440 83.42481 83.47926 2020-01-29 10:29:18
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