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Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

Hungarian Forint/Swedish Krona (FOREX:HUFSEK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_HUFSEK
Open High Low HUFSEK Price Change
0.032203 0.032223 0.031999 0.032028 -0.000175
Entry Signal

MarketClub’s Trade Triangles for HUFSEK

long term down The long term trend has been DOWN since Sep 6th, 2019 at 0.032143

intermediate term down The intermediate term trend has been DOWN since Sep 2nd, 2019 at 0.032467

short term up The short term trend has been UP since Sep 18th, 2019 at 0.032162

Smart Scan Analysis for HUFSEK

Based on a pre-defined weighted trend formula for chart analysis, HUFSEK scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for HUFSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.032203 0.032223 0.031999 0.032028 -0.000175
Prev. Close Volume Bid Ask Time
0.032203 0.031957 0.032099 2019-09-20 17:44:17
Want to analyze Hungarian Forint/Swedish Krona HUFSEK or another symbol? Try our Free Forex Trend Analysis Report.