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Forex Trend Analysis Report

Prepared for you on Thursday, May 23, 2019.

Hungarian Forint/Swiss Franc (FOREX:HUFCHF)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_HUFCHF
Open High Low HUFCHF Price Change
0.003445 0.003447 0.003422 0.003436 -0.000009
Entry Signal

MarketClub’s Trade Triangles for HUFCHF

long term down The long term trend has been DOWN since May 15th, 2019 at 0.003469

intermediate term down The intermediate term trend has been DOWN since May 5th, 2019 at 0.003508

short term down The short term trend has been DOWN since May 9th, 2019 at 0.003508

Smart Scan Analysis for HUFCHF

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

-100
Smart Scan Analysis for HUFCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.003445 0.003447 0.003422 0.003436 -0.000009
Prev. Close Volume Bid Ask Time
0.003445 0.003434 0.003439 2019-05-23 21:12:24
Want to analyze Hungarian Forint/Swiss Franc HUFCHF or another symbol? Try our Free Forex Trend Analysis Report.