Forex Trend Analysis Report
Prepared for you on Sunday, March 24, 2019.
Hungarian Forint/United Arab Emirates Dirham (FOREX:HUFAED)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight 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.
MarketClub’s Trade Triangles for HUFAED
The long term trend has been UP since Jan 29th, 2019 at 0.013248
The intermediate term trend has been UP since Feb 28th, 2019 at 0.013265
The short term trend has been DOWN since Mar 21st, 2019 at 0.013239
Smart Scan Analysis for HUFAED
Based on a pre-defined weighted trend formula for chart analysis, HUFAED scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).