Forex Trend Analysis Report
Prepared for you on Friday, February 15, 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 positive trend to resume. Uptrend 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.
MarketClub’s Trade Triangles for HUFSEK
The long term trend has been UP since Jan 1st, 2019 at 0.032386
The intermediate term trend has been UP since Jan 28th, 2019 at 0.032545
The short term trend has been DOWN since Feb 13th, 2019 at 0.032739
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).