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Forex Trend Analysis Report

Prepared for you on Thursday, July 18, 2019.

Hungarian Forint/Norwegian Krone (FOREX:HUFNOK)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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.

FOREX_HUFNOK
Open High Low HUFNOK Price Change
0.02950 0.02960 0.02950 0.02955 +0.00005
Entry Signal

MarketClub’s Trade Triangles for HUFNOK

long term down The long term trend has been DOWN since Apr 1st, 2019 at 0.03005

intermediate term down The intermediate term trend has been DOWN since Jun 24th, 2019 at 0.02980

short term down The short term trend has been DOWN since Jul 4th, 2019 at 0.02985

Smart Scan Analysis for HUFNOK

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

-90
Smart Scan Analysis for HUFNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02950 0.02960 0.02950 0.02955 +0.00005
Prev. Close Volume Bid Ask Time
0.02950 0.02950 0.02960 2019-07-18 11:14:05
Want to analyze Hungarian Forint/Norwegian Krone HUFNOK or another symbol? Try our Free Forex Trend Analysis Report.