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Forex Trend Analysis Report

Prepared for you on Friday, February 15, 2019.

Hungarian Forint/Mexican Peso (FOREX:HUFMXN)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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
0.068301 0.068699 0.068141 0.068299 -0.000002
Entry Signal

MarketClub’s Trade Triangles for HUFMXN

long term up The long term trend has been UP since Oct 19th, 2018 at 0.068561

intermediate term up The intermediate term trend has been UP since Jan 30th, 2019 at 0.069351

short term up The short term trend has been UP since Feb 12th, 2019 at 0.068156

Smart Scan Analysis for HUFMXN

Based on a pre-defined weighted trend formula for chart analysis, HUFMXN scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for HUFMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.068301 0.068699 0.068141 0.068299 -0.000002
Prev. Close Volume Bid Ask Time
0.068301 0.068125 0.068473 2019-02-15 18:19:24
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