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Forex Trend Analysis Report

Prepared for you on Friday, July 19, 2019.

Hungarian Forint/Swedish Krona (FOREX:HUFSEK)

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_HUFSEK
Open High Low HUFSEK Price Change
0.032200 0.032223 0.032179 0.032205 +0.000005
Entry Signal

MarketClub’s Trade Triangles for HUFSEK

long term down The long term trend has been DOWN since Jul 16th, 2019 at 0.032286

intermediate term down The intermediate term trend has been DOWN since Jun 25th, 2019 at 0.032591

short term down The short term trend has been DOWN since Jul 10th, 2019 at 0.032568

Smart Scan Analysis for HUFSEK

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

-90
Smart Scan Analysis for HUFSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.032200 0.032223 0.032179 0.032205 +0.000005
Prev. Close Volume Bid Ask Time
0.032200 0.032131 0.032280 2019-07-19 03:49:43
Want to analyze Hungarian Forint/Swedish Krona HUFSEK or another symbol? Try our Free Forex Trend Analysis Report.