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Forex Trend Analysis Report

Prepared for you on Thursday, June 20, 2019.

Hungarian Forint/Mexican Peso (FOREX:HUFMXN)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_HUFMXN
Open High Low HUFMXN Price Change
0.066184 0.066226 0.066184 0.066213 +0.000029
Entry Signal

MarketClub’s Trade Triangles for HUFMXN

long term down The long term trend has been DOWN since Apr 1st, 2019 at 0.066763

intermediate term up The intermediate term trend has been UP since May 30th, 2019 at 0.066984

short term down The short term trend has been DOWN since Jun 9th, 2019 at 0.068053

Smart Scan Analysis for HUFMXN

Based on a pre-defined weighted trend formula for chart analysis, HUFMXN scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for HUFMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.066184 0.066226 0.066184 0.066213 +0.000029
Prev. Close Volume Bid Ask Time
0.066184 0.066037 0.066390 2019-06-20 01:09:26
Want to analyze Hungarian Forint/Mexican Peso HUFMXN or another symbol? Try our Free Forex Trend Analysis Report.