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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2019.

British Pound/Hungarian Forint (FOREX:GBPHUF)

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.

Open High Low GBPHUF Price Change
369.925 373.140 369.845 372.085 +2.160
Entry Signal

MarketClub’s Trade Triangles for GBPHUF

long term up The long term trend has been UP since Mar 11th, 2019 at 370.885

intermediate term down The intermediate term trend has been DOWN since Apr 17th, 2019 at 367.885

short term up The short term trend has been UP since Apr 23rd, 2019 at 370.360

Smart Scan Analysis for GBPHUF

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

Smart Scan Analysis for GBPHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
369.925 373.140 369.845 372.085 +2.160
Prev. Close Volume Bid Ask Time
369.925 371.680 372.490 2019-04-24 18:02:56
Want to analyze British Pound/Hungarian Forint GBPHUF or another symbol? Try our Free Forex Trend Analysis Report.