Forex Trend Analysis Report
Prepared for you on Monday, February 18, 2019.
Hungarian Forint/Swiss Franc (FOREX:HUFCHF)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.
MarketClub’s Trade Triangles for HUFCHF
The long term trend has been UP since Jan 21st, 2019 at 0.003568
The intermediate term trend has been UP since Jan 17th, 2019 at 0.003532
The short term trend has been UP since Feb 12th, 2019 at 0.003576
Smart Scan Analysis for HUFCHF
Based on a pre-defined weighted trend formula for chart analysis, HUFCHF scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).