Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Saturday, January 18, 2020.
Hungarian Forint/Mexican Peso (FOREX:HUFMXN)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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.
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MarketClub’s Trade Triangles for HUFMXN
The long term trend has been DOWN since Apr 1st, 2019 at 0.06676300
The intermediate term trend has been DOWN since Dec 20th, 2019 at 0.06354596
The short term trend has been DOWN since Jan 3rd, 2020 at 0.06392786
Smart Scan Analysis for HUFMXN
Based on a pre-defined weighted trend formula for chart analysis, HUFMXN scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.06245212 | 0.06247497 | 0.06151161 | 0.06152788 | -0.00092400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.06245212 | 0.06135848 | 0.06169728 | 2020-01-17 17:10:00 |