Forex Trend Analysis Report
Prepared for you on Sunday, August 25, 2019.
Hungarian Forint/Polish New Zloty (FOREX:HUFPLN)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.
MarketClub’s Trade Triangles for HUFPLN
The long term trend has been UP since Aug 14th, 2019 at 0.013421
The intermediate term trend has been UP since Aug 4th, 2019 at 0.013180
The short term trend has been DOWN since Aug 16th, 2019 at 0.013341
Smart Scan Analysis for HUFPLN
Based on a pre-defined weighted trend formula for chart analysis, HUFPLN scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).