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Forex Trend Analysis Report

Prepared for you on Wednesday, July 17, 2019.

Hungarian Forint/Australian Dollar (FOREX:HUFAUD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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.

FOREX_HUFAUD
Open High Low HUFAUD Price Change
0.004910 0.004913 0.004894 0.004906 -0.000004
Entry Signal

MarketClub’s Trade Triangles for HUFAUD

long term up The long term trend has been UP since Dec 27th, 2018 at 0.005053

intermediate term down The intermediate term trend has been DOWN since Jun 30th, 2019 at 0.005001

short term down The short term trend has been DOWN since Jul 12th, 2019 at 0.004943

Smart Scan Analysis for HUFAUD

Based on a pre-defined weighted trend formula for chart analysis, HUFAUD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for HUFAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.004910 0.004913 0.004894 0.004906 -0.000004
Prev. Close Volume Bid Ask Time
0.004910 0.004898 0.004913 2019-07-17 21:28:08
Want to analyze Hungarian Forint/Australian Dollar HUFAUD or another symbol? Try our Free Forex Trend Analysis Report.