Forex Trend Analysis Report
Prepared for you on Monday, March 25, 2019.
Euro/Hungarian Forint (FOREX:EURHUF)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.
MarketClub’s Trade Triangles for EURHUF
The long term trend has been DOWN since Dec 24th, 2018 at 320.9470
The intermediate term trend has been UP since Mar 25th, 2019 at 316.8305
The short term trend has been UP since Mar 21st, 2019 at 314.4945
Smart Scan Analysis for EURHUF
Based on a pre-defined weighted trend formula for chart analysis, EURHUF scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).