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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

Hungarian Forint/British Pound (FOREX:HUFGBP)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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
0.002732 0.002743 0.002729 0.002739 +0.000007
Entry Signal

MarketClub’s Trade Triangles for HUFGBP

long term up The long term trend has been UP since Nov 16th, 2018 at 0.002764

intermediate term down The intermediate term trend has been DOWN since Jan 13th, 2019 at 0.002773

short term down The short term trend has been DOWN since Feb 19th, 2019 at 0.002745

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
0.002732 0.002743 0.002729 0.002739 +0.000007
Prev. Close Volume Bid Ask Time
0.002732 0.002733 0.002746 2019-02-23 14:49:53
Want to analyze Hungarian Forint/British Pound HUFGBP or another symbol? Try our Free Forex Trend Analysis Report.