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Forex Trend Analysis Report

Prepared for you on Thursday, February 21, 2019.

Hungarian Forint/Canadian Dollar (FOREX:HUFCAD)

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.

FOREX_HUFCAD
Open High Low HUFCAD Price Change
0.004709 0.004719 0.004709 0.004713 +0.000004
Entry Signal

MarketClub’s Trade Triangles for HUFCAD

long term up The long term trend has been UP since Dec 18th, 2018 at 0.004738

intermediate term down The intermediate term trend has been DOWN since Feb 11th, 2019 at 0.004698

short term up The short term trend has been UP since Feb 19th, 2019 at 0.004721

Smart Scan Analysis for HUFCAD

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

-55
Smart Scan Analysis for HUFCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.004709 0.004719 0.004709 0.004713 +0.000004
Prev. Close Volume Bid Ask Time
0.004709 0.004713 0.004713 2019-02-21 06:23:42
Want to analyze Hungarian Forint/Canadian Dollar HUFCAD or another symbol? Try our Free Forex Trend Analysis Report.