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Forex Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

Euro/Hungarian Forint (FOREX:EURHUF)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.

FOREX_EURHUF
Open High Low EURHUF Price Change
324.509 324.509 324.509 324.509 0.000
Entry Signal

MarketClub’s Trade Triangles for EURHUF

long term up The long term trend has been UP since Apr 30th, 2019 at 324.0135

intermediate term down The intermediate term trend has been DOWN since Aug 6th, 2019 at 324.7650

short term up The short term trend has been UP since Aug 14th, 2019 at 324.8790

Smart Scan Analysis for EURHUF

Based on a pre-defined weighted trend formula for chart analysis, EURHUF scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for EURHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
324.509 324.509 324.509 324.509 0.000
Prev. Close Volume Bid Ask Time
324.509 324.284 324.734 2019-08-18 05:22:58
Want to analyze Euro/Hungarian Forint EURHUF or another symbol? Try our Free Forex Trend Analysis Report.