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Forex Trend Analysis Report

Prepared for you on Saturday, March 23, 2019.

Canadian Dollar/Hungarian Forint (FOREX:CADHUF)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_CADHUF
Open High Low CADHUF Price Change
206.86 209.39 206.55 208.41 +1.55
Entry Signal

MarketClub’s Trade Triangles for CADHUF

long term down The long term trend has been DOWN since Dec 18th, 2018 at 211.100

intermediate term down The intermediate term trend has been DOWN since Feb 26th, 2019 at 210.865

short term up The short term trend has been UP since Mar 22nd, 2019 at 208.250

Smart Scan Analysis for CADHUF

Based on a pre-defined weighted trend formula for chart analysis, CADHUF scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for CADHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
206.86 209.39 206.55 208.41 +1.55
Prev. Close Volume Bid Ask Time
206.86 208.10 208.72 2019-03-22 18:30:32
Want to analyze Canadian Dollar/Hungarian Forint CADHUF or another symbol? Try our Free Forex Trend Analysis Report.