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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

Hungarian Forint/British Pound (FOREX:HUFGBP)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_HUFGBP
Open High Low HUFGBP Price Change
0.002711 0.002711 0.002708 0.002708 -0.000003
Entry Signal

MarketClub’s Trade Triangles for HUFGBP

long term down The long term trend has been DOWN since Mar 11th, 2019 at 0.002696

intermediate term up The intermediate term trend has been UP since May 22nd, 2019 at 0.002700

short term up The short term trend has been UP since May 22nd, 2019 at 0.002696

Smart Scan Analysis for HUFGBP

Based on a pre-defined weighted trend formula for chart analysis, HUFGBP scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for HUFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.002711 0.002711 0.002708 0.002708 -0.000003
Prev. Close Volume Bid Ask Time
0.002711 0.002702 0.002714 2019-05-25 15:45:00
Want to analyze Hungarian Forint/British Pound HUFGBP or another symbol? Try our Free Forex Trend Analysis Report.