Forex Trend Analysis Report
Prepared for you on Thursday, February 21, 2019.
United Arab Emirates Dirham/Hungarian Forint (FOREX:AEDHUF)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.
MarketClub’s Trade Triangles for AEDHUF
The long term trend has been DOWN since Jan 29th, 2019 at 75.4360
The intermediate term trend has been UP since Feb 11th, 2019 at 76.8630
The short term trend has been DOWN since Feb 13th, 2019 at 76.3615
Smart Scan Analysis for AEDHUF
Based on a pre-defined weighted trend formula for chart analysis, AEDHUF scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).