Analyze Symbol

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.

FOREX_HUFAED
Open High Low HUFAED Price Change
0.013103 0.013128 0.013103 0.013126 +0.000023
Entry Signal

MarketClub’s Trade Triangles for HUFAED

long term up The long term trend has been UP since Jan 29th, 2019 at 0.013248

intermediate term up The intermediate term trend has been UP since Feb 28th, 2019 at 0.013265

short term down 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).

+65
Smart Scan Analysis for HUFAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.013103 0.013128 0.013103 0.013126 +0.000023
Prev. Close Volume Bid Ask Time
0.013103 0.013092 0.013160 2019-03-24 19:13:36
Want to analyze Hungarian Forint/United Arab Emirates Dirham HUFAED or another symbol? Try our Free Forex Trend Analysis Report.