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Forex Trend Analysis Report

Prepared for you on Saturday, March 23, 2019.

Hungarian Forint/Icelandic Krona (FOREX:HUFISK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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.

Open High Low HUFISK Price Change
0.42685 0.42920 0.42300 0.42770 +0.00085
Entry Signal

MarketClub’s Trade Triangles for HUFISK

long term up The long term trend has been UP since Sep 6th, 2018 at 0.3930

intermediate term down The intermediate term trend has been DOWN since Mar 18th, 2019 at 0.4226

short term up The short term trend has been UP since Mar 20th, 2019 at 0.4248

Smart Scan Analysis for HUFISK

Based on a pre-defined weighted trend formula for chart analysis, HUFISK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for HUFISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.42685 0.42920 0.42300 0.42770 +0.00085
Prev. Close Volume Bid Ask Time
0.42685 0.42630 0.42910 2019-03-22 14:37:18
Want to analyze Hungarian Forint/Icelandic Krona HUFISK or another symbol? Try our Free Forex Trend Analysis Report.