Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, September 20, 2019.

Hungarian Forint/Canadian Dollar (FOREX:HUFCAD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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_HUFCAD
Open High Low HUFCAD Price Change
0.004412 0.004422 0.004369 0.004385 -0.000027
Entry Signal

MarketClub’s Trade Triangles for HUFCAD

long term down The long term trend has been DOWN since Apr 1st, 2019 at 0.004659

intermediate term down The intermediate term trend has been DOWN since Aug 26th, 2019 at 0.004478

short term up The short term trend has been UP since Sep 20th, 2019 at 0.004420

Smart Scan Analysis for HUFCAD

Based on a pre-defined weighted trend formula for chart analysis, HUFCAD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for HUFCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.004412 0.004422 0.004369 0.004385 -0.000027
Prev. Close Volume Bid Ask Time
0.004412 0.004385 0.004385 2019-09-20 16:18:06
Want to analyze Hungarian Forint/Canadian Dollar HUFCAD or another symbol? Try our Free Forex Trend Analysis Report.