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Forex Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.

Hungarian Forint/Hong Kong Dollar (FOREX:HUFHKD)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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_HUFHKD
Open High Low HUFHKD Price Change
0.028459 0.028647 0.028378 0.028569 +0.000110
Entry Signal

MarketClub’s Trade Triangles for HUFHKD

long term up The long term trend has been UP since Jan 28th, 2019 at 0.028280

intermediate term up The intermediate term trend has been UP since Feb 28th, 2019 at 0.028334

short term up The short term trend has been UP since Mar 12th, 2019 at 0.028025

Smart Scan Analysis for HUFHKD

Based on a pre-defined weighted trend formula for chart analysis, HUFHKD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for HUFHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.028459 0.028647 0.028378 0.028569 +0.000110
Prev. Close Volume Bid Ask Time
0.028459 0.028494 0.028643 2019-03-20 19:17:22
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