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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.

FOREX_HUFSEK
Open High Low HUFSEK Price Change
0.032947 0.033034 0.032866 0.032926 -0.000021
Entry Signal

MarketClub’s Trade Triangles for HUFSEK

long term up The long term trend has been UP since Jan 1st, 2019 at 0.032386

intermediate term up The intermediate term trend has been UP since Jan 28th, 2019 at 0.032545

short term down 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).

+85
Smart Scan Analysis for HUFSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.032947 0.033034 0.032866 0.032926 -0.000021
Prev. Close Volume Bid Ask Time
0.032947 0.032847 0.033004 2019-02-15 14:38:13
Want to analyze Hungarian Forint/Swedish Krona HUFSEK or another symbol? Try our Free Forex Trend Analysis Report.