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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

Hungarian Forint/Euro (FOREX:HUFEUR)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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_HUFEUR
Open High Low HUFEUR Price Change
0.003147 0.003147 0.003147 0.003147 0.000000
Entry Signal

MarketClub’s Trade Triangles for HUFEUR

long term up The long term trend has been UP since Dec 26th, 2018 at 0.003116

intermediate term down The intermediate term trend has been DOWN since Feb 11th, 2019 at 0.003128

short term up The short term trend has been UP since Feb 12th, 2019 at 0.003145

Smart Scan Analysis for HUFEUR

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

+75
Smart Scan Analysis for HUFEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.003147 0.003147 0.003147 0.003147 0.000000
Prev. Close Volume Bid Ask Time
0.003147 0.003146 0.003148 2019-02-23 07:39:29
Want to analyze Hungarian Forint/Euro HUFEUR or another symbol? Try our Free Forex Trend Analysis Report.